Rupture stratégique et gouvernance : les leçons de l'échec de l'OPA de Deutsche Börse sur le London Stock Exchange

Our article aims to show the limits to conventional visions in the field of Corporate Governance. Our approach to this article is based on a unique case study. The case study is that of the failed acquisition project by the Deutsche Börse (DB) of the London Stock Exchange(LSE). It is a question of a situation of conflict between a business leader and some minority shareholders resulting in a failed acquisition despite the strategic interests of the stakeholders being aligned.