Especially when you read what the CEO of Deutsche Beurse said
Carsten Kengeter said the deal was the best chance of Europe’s bourses competing on the world stage.
“If this merger does not take place, the European capital market architecture will probably soon be in American hands. And one does not need to be the CEO of the Deutsche Boerse to shudder at that thought,”
Clearly he believes that merging with the LSE means that the merged company will remain in German hands.
Which is something I have never doubted!
I'm completely ignoring the entire position of the article because I believe the person who wrote it is an idiot. Of course it matters who owns it because only the owners decide where it is going to be based. Once the new company is neither the London stock exchange nor the Deutsche Bourse, it can then be located anywhere without the name clashing...
Merging with America would see the exchange located in the best place to do business. Merging with a German entity will see the eventual intention to move it to Germany for Political and National interests and the EU will never block it. It would be exactly the same if it were merged with a French entity. Remembering that the mega merger with BAE systems fell through when the Franco German Airbus company decided that there would be no need for a third HQ in France...
