the look at how profitable versus alledge boorse. what you say to deutsche boorse owners?ness sets between the companies are complementary. hasgrowth that the lse driven over the last few years is deeply impressive, and that has resulted in multiple expansion, which is impressive, and overall trajectory of growth in its globally diversified businesses, which is very attractive, so the combination between the two houses is extremely productive into the weure, and we both know that must gain scale and order to become globally competitive, because we are roughly half the size of other houses in the rest of the world. >> you will be bigger after this. if you have managed to convince shareholders this is a good deal , how do you convince the regulator? what is the conversation you are having with them as we speak? there have been a approach is made to a number of regulators already, others will be approached in due course. seek regulatory approval from many different authorities and , who all have to contribute to this transaction to become successful. i believe overall that it