Boerse Sale of Cash Equities Unit to Lse Unlikely

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FRANKFURT, Germany (Reuters) - Deutsche Boerse is unlikely to sell its cash equities business to the London Stock Exchange, a Boerse board member and analysts said in response to a reported proposal by hedge fund The Children's Investment Fund.

Citing unnamed financial sources, German business daily Handelsblatt said on Tuesday [Sept. 9] that U.K.-based TCI wants Boerse to do such a deal. A Boerse spokesman declined to comment. Nobody at TCI was immediately available for comment.

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Boerse Sale of Cash Equities Unit to Lse Unlikely

Boerse's shares were down 0.5% at 0820 GMT (9:20 a.m. BST), while shares in the LSE, which was hit by a seven-hour outage on Monday [Sept. ...

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