LSE holds shareholder meetings on Deutsche Boerse amid ‘wait and see’ on ICE

23 March 2016 – London Stock Exchange (LSE) [LON:LSE] is meeting its shareholders to discuss Deutsche Boerse’s [FRA:DB1] merger approach, two sources close and a person briefed on the matter said.

Some shareholders are keeping their counsel until they see whether ICE [NYSE:ICE] comes forward with its own approach, they added.

“Ad hoc” contact between LSE’s investor relations team and its shareholders began around the time of the preliminary deal announcement on 23 February, the first source said.

Discussions have intensified since the operator published FY15 results on 4 March as it has been able to discuss the deal more freely after that, he added. LSE has seen some shareholders one-on-one and others in group meetings, the second source added.