News

Deutsche Börse probed over share purchase by CEO Kengeter

CEO acquired €4.5m in shares in late December 2015 - shortly before news broke of a planned merger with the LSE

Carsten Kengeter has been CEO of the German exchange group since June 2016
Carsten Kengeter has been CEO of the German exchange group since June 2016 Photo: Getty Images

Deutsche Börse is being investigated by public prosecutors in Germany over the purchase of shares in the company by its chief executive in late 2015 - shortly before news broke of a planned merger with the London Stock Exchange.

Deutsche Börse said in a statement on February 1 that it was co-operating fully with an investigation by the Public Prosecutor's Office of Frankfurt into a purchase made by its CEO on December 14, 2015.

WSJ Logo