The transaction is subject to approval by holders of a majority of the outstanding shares of NYSE Euronext common stock and to a 75% acceptance level of the exchange offer to
Deutsche Borse shareholders as well as approval by the relevant competition and financial, securities and other regulatory authorities in the U.
The investment round has been co-driven by fiscal details operations supplier Markit and
Deutsche Borse Group to moreover endow in the most promising initial phase fintech firms.
Deutsche Borse (ETR:DB1) published on Wednesday the offer documents for its planned merger with NYSE Euronext (NYSE:NYX), saying that its shareholders can exchange their shares for stock in the new exchange group resulting from the combination from 4 May to 3 July.
NYSE Euronext, which aims to team up with
Deutsche Borse to create the world's largest stock exchange, launched a charm offensive, on 22 February, at the European Commission in the hope of dispelling certain of its doubts as to the merger's conformity with EU competition law.
Deutsche Borse Group has set out the schedule for its new Optimise trading architecture roll-out, with the first implementation at the International Securities Exchange (ISE), a US subsidiary of Eurex, the derivatives exchange joint venture between
Deutsche Borse and SIX Swiss Exchange.
The telecomms services provider Global One has signed three new contracts - with DuPont,
Deutsche Borse AG and Henkel.
The London Stock Exchange and its German counterpart the
Deutsche Borse said yesterday their proposed merger would create cost savings of around pounds 50 million a year for members from 2002.
Smith announces that it is investigating potential claims against the board of directors of NYSE Euronext (NYSE:NYX), the parent company of the New York Stock Exchange, related to the Company's agreement to combine with
Deutsche Borse AG ("
Deutsche Borse").
This high-level technology used by
Deutsche Borse at its own trading venues Xetra and the Frankfurt Stock Exchange makes the markets more transparent and secure.
Eurex Clearing, the clearing operation of the
Deutsche Borse Group, is to introduce a 50% reduction in its fixed clearing fee and expand the discount models for Xetra cash market transactions from 1 December 2010.
UK regulators said they will not ask the EU to look into a possible takeover of the London Stock Exchange (LSE), should either
Deutsche Borse or Euronext's bid for it be accepted.
NEW YORK & FRANKFURT -- In light of recent market rumors,
Deutsche Borse AG and NYSE Euronext (NYX) today confirmed that they are engaged in advanced discussions regarding a potential business combination.
