London Stock Exchange acquires LCH.Clearnet

London Stock Exchange Group (LSEG) has been given the go-ahead to acquire a majority stake in European clearing house LCH.Clearnet.

London Stock Exchange Group (LSEG) has been given the go-ahead to acquire a majority stake in European clearing house LCH.Clearnet.

The British multinational stock exchange said it received acceptances to buy 55.5% of the exiting issued ordinary share capital of LCH.Clearnet, which clears a broad range of asset classes including interest rate swaps, equity settlements, energy, bonds and repo, and futures.

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