Deutsche Boerse said on Thursday its top officials would stay in Frankfurt in the event of the exchange taking over the London Stock Exchange. The chief operating officer, chief information officer, chief financial officer and chief executive would all be based in Frankfurt, Deutsche Boerse officials told a news conference. They added that a roadshow will begin on Friday to meet with shareholders and users to discuss its offer for the LSE, details of which were made public on Friday.
The LSE rejected the offer, of no less than 530 pence per share, for a second time saying it undervalued Europe's biggest equity market.
Boerse officials said there would be no net job losses in London, and that the future of LSE Chairman Chris Gibson Smith in a merged company has not been discussed.
Boerse officials said it would extend LCH.Clearnet's contract to clear UK trades by a year in return for LCH.Clearnet reducing its prices by half.
A merged company would have three main business locations, Frankfurt, Luxembourg and London, Boerse officials said.