BENGALURU: London Stock Exchange Group Plc and Deutsche Boerse are considering lowering the approval threshold they need to achieve from the German exchange’s investors to push their deal through, as they try to keep the merger on track following Britain’s vote to leave the European Union.
Deutsche Boerse said on Sunday it was concerned that the 75% threshold for its shareholders to approve the deal might prove difficult to cross because index funds which hold up to 15% of its shares are unable to accept the offer until the minimum level of acceptances has already been reached.