OFT approves LSE Group acquisition of LCH.Clearnet
The Office of Fair Trading has approved the London Stock Exchange Group to acquire a majority stake in LCH.Clearnet, the derivatives trading house.
The Office of Fair Trading has approved the London Stock Exchange Group to acquire a majority stake in LCH.Clearnet, the derivatives trading house.
Both LSEG and LCH.Clearnet have also received approval from the Portuguese Competition Authority for the acquisition.
The transaction remains subject to other outstanding conditions including approval from the Financial Services Authority.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Further to the announcement on September 28, LSEG and LCH.Clearnet remain in discussions regarding the implications of the new recommendations from the European Securities and Markets Authority and the European Banking Authority and potential changes to the commercial terms of the transaction.
At 12:44 shares of LSE are rising by 3.07% to 1,041p.
MF
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%
Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the US
Medium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.