Reuters: Regulatory News: Japan fair trade commission OKs TSE-OSE merger-bourses

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Japan fair trade commission OKs TSE-OSE merger-bourses Jul 5th 2012, 00:05 TOKYO, July 5 | Wed Jul 4, 2012 8:05pm EDT TOKYO, July 5 (Reuters) - Japan's competition authority has approved a merger between the Tokyo Stock Exchange and Osaka Securities Exchange, the bourses said on Thursday. The Japan Fair Trade Commision notified the two exchanges that it would not issue a cease-and-desist order for the merger, the exchanges said in a joint statement. The bourses said it cleared the way for their scheduled merger on Jan 1 next year, pending shareholder approvals.

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