LSE to hold merger vote in July
LONDON, May 18 (Reuters) - London Stock Exchange Group plc will hold its shareholder meeting on the proposed $30 billion merger with Deutsche Boerse (LSE: 0H3T.L - news) in July, the British firm said in an update on Wednesday.
Both exchanges "continue to make good progress in relation to the recommended all-share merger," LSEG said in a statement.
Reuters reported last week that the two exchanges would let shareholders decide on their proposed $30 billion merger after Britain's June 23 referendum on European Union membership, according to three sources. (Reporting By Anjuli Davies, editing by Sinead Cruise)