Target:
Euronext NV, London Stock Exchange Group plc
Under the terms of the deal,
Euronext NV will hold a 3% stake in Euroclear...JJ:(AFP)
Following a recommendation by the Nomination and Governance Committee, the Supervisory Board has unanimously approved the nomination of Stephane Boujnah as CEO of
Euronext NV. He would also be chairman of the managing board.
NYSE Euronext is the first cross-border exchange group resultant from the merger of NYSE Group Inc and
Euronext NV on 4 April 2007.
But the recent acquisition of
Euronext NV, the pan-European stock exchange operator, by NYSE Group Inc., the operator of the New York Stock Exchange, has apparently prompted the LSE to seek measures to counter expansion of U.S.
As a market operator, we are aware that this activity lies at the heart of our strategic mission, and it is a source of pride and enthusiasm,' said Dominique Cerutti, NYSE Euronext President and Deputy CEO and Chairman of the Management Board of
Euronext NV.
16 February 2011 -- S&P on Tuesday put on "positive" watch its A+/A-1 counterparty credit ratings on NYSE Euronext and its subsidiary
Euronext NV after the company sealed an agreement to merge with higher-rated Deutsche Boerse (ETR:DB1).