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Deutsche Börse Group, one of the largest exchange organisations worldwide, is attempting to take over the LSE in a controversial deal.
Now a group of 40 senior financial figures say the merger could be potentially devastating for Britain in the wake of Brexit and should be halted immediately to protect the country's finances.
In a letter to the Bank of England chief, Canadian Mark Carney, and Prime Minister Theresa May, the finance chiefs have questioned the Deutsche Börse having a majority stake.