The finance minister of the German state of Hesse has attacked the merger of the London Stock Exchange and Deutsche Börse, insisting that the headquarters of the combined business must be in Frankfurt.
Thomas Schäfer believes that after Brexit the base should not be in London, as agreed under the terms of the deal.
Both sides say that a change of venue is not possible without starting the transaction again, including another vote by both sets of shareholders.
“That might be legally complicated,” Mr Schäfer countered, “but where there’s a will, there’s a way.”
The European Union referendum result sparked renewed opposition to the merger in Germany, with some politicians saying it was unthinkable that the corporate base for the Frankfurt Stock Exchange should be