By Tapan Panchal

 

LONDON--London Stock Exchange Group PLC (LSE.LN) Thursday posted a rise in quarterly income and revenue, and said that it remains focused on achieving regulatory approvals for its merger with Deutsche Boerse AG (DB1.XE).

For the three months to the end of September, the company recorded total income of 414.6 million pounds ($508.08 million), up 19% from total income of GBP349.4 million recorded in the same period a year ago. Net revenue rose 15% to GBP376.2 million for the quarter.

The stock market operator said it remains well positioned and all of its core divisions are delivering good growth despite testing markets and economic uncertainty.

London Stock Exchange Group and Deutsche Boerse agreed to an all-share $30 billion merger in March. The new combined company will be 45.6%-owned by LSE shareholders and the remainder by Deutsche Boerse shareholders.

 

Write to Tapan Panchal at tapan.panchal@wsj.com

 

(END) Dow Jones Newswires

October 20, 2016 02:35 ET (06:35 GMT)

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