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German Doubts on Deutsche Boerse Deal Grow as Brexit Fears Mount

  • Opposition centers on location of holding company headquarters
  • Merger referendum committee in contact with governments

German lawmakers are increasingly reluctant to see the merger of Deutsche Boerse AG and London Stock Exchange Group Plc go ahead as planned if Britain decides to leave the European Union.

The plan for a London headquarters would be untenable if Britain decides in a June 23 referendum to leave the EU, and the complex regulatory issues would mean the whole merger proposal will have to be re-assessed, according to legislators interviewed by Bloomberg. Five of the last six published polls have shown the “Leave” camp ahead of those favoring to stay.