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Deals

German government welcomes stock exchange merger if strengthens Frankfurt

BERLIN (Reuters) - The German government would welcome efforts aimed at a merger of Deutsche Boerse DB1Gn.DE and the London Stock Exchange LSE.L if they led to a strengthening of Frankfurt as a financial center, 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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