March 16, 2016 / 11:31 AM / 4 years ago

German govt welcomes stock exchange merger if strengthens Frankfurt

BERLIN, March 16 (Reuters) - The German government would welcome efforts aimed at a merger of Deutsche Boerse and the London Stock Exchange if they led to a strengthening of Frankfurt as a financial centre, government spokesman Steffen Seibert said on Wednesday.

“The shape of the European stock exchange market is important for Deutsche Boerse and if their efforts would lead to a strengthening of Frankfurt as a financial hub, the German government would welcome it,” Seibert told reporters.

Reporting by Caroline Copley; Writing by Madeline Chambers

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