Deutsche Boerse AG Cooperates With NYSE Euronext
People\’s net New York February 15 report (reporter seats to flourish) according to this morning NYSE isd to our correspondent releases, Deutsche Boerse AG Deutsche Exchange () and The NYSE Euronext (NYSE announced, both parties agree to merge to form The world\’s biggest Exchange Group (Group) The Premier Global optimisation techniques Exchange.
The press release said, two parties of the board of directors, the two sides agreed to merge began to enter into commercial operation stage, substantial new group\’s name has not been decided yet, but according to the preliminary\’s agreement, in the Netherlands merger of new group, established in New York and Frankfurt, the double headquarters merger will strengthen the Frankfurt and New York as important financial hub, while in Paris, London, Luxembourg and other places around the world for business activities. But the group in Amsterdam, Brussels, Lisbon and other local national exchange, will still retain its each in local market trading activities in the name of all rules and local management framework of operation, the combined group will keep all market managers with close cooperation.
Including the chairman and chief executive board will have new group, 17 members, in 15 directors, DE into accounts for 9, nyse accounted for six. Nyse CEO nehemiah Creole (Duncan\’s Niederauer) will serve as a new group CEO, and German exchange CEO Fran Johnny (Reto Francioni) will become the new group chairman. The two companies also said, DE delivered by the shareholders shall hold a combined group 60% stake, and New York euronext corporation shareholders will shareholding 40%. Based on agreement, New York euronext group every 1 shares would convert of the combined group\’s surprisingly stocks, and every exchange would convert 1 shares in the new company 1 shares. The two companies are expected at mergers will produce about 3 million euros (4.052 billion) of collaborative benefits.
Last week, the two companies was first released on the merger plan details, both parties are up for the world\’s largest stock exchange group, the London stock exchange announced will purchase Canada TMX group, which caused a global stock exchange industry a new round of m&a boom. In today\’s nyse and delivered by the joint statement before, media, said the world\’s largest derivatives trading market Chicago mercantile exchange group, may also with partners hand in hand, including nasdaq group, to nyse hostile takeover, lest the market fall to outsiders.
People\’s net New York February 15 report (reporter seats to flourish) according to this morning NYSE isd to our correspondent releases, Deutsche Boerse AG Deutsche Exchange () and The NYSE Euronext (NYSE announced, both parties agree to merge to form The world\’s biggest Exchange Group (Group) The Premier Global optimisation techniques Exchange.
The press release said, two parties of the board of directors, the two sides agreed to merge began to enter into commercial operation stage, substantial new group\’s name has not been decided yet, but according to the preliminary\’s agreement, in the Netherlands merger of new group, established in New York and Frankfurt, the double headquarters merger will strengthen the Frankfurt and New York as important financial hub, while in Paris, London, Luxembourg and other places around the world for business activities. But the group in Amsterdam, Brussels, Lisbon and other local national exchange, will still retain its each in local market trading activities in the name of all rules and local management framework of operation, the combined group will keep all market managers with close cooperation.
Including the chairman and chief executive board will have new group, 17 members, in 15 directors, DE into accounts for 9, nyse accounted for six. Nyse CEO nehemiah Creole (Duncan\’s Niederauer) will serve as a new group CEO, and German exchange CEO Fran Johnny (Reto Francioni) will become the new group chairman. The two companies also said, DE delivered by the shareholders shall hold a combined group 60% stake, and New York euronext corporation shareholders will shareholding 40%. Based on agreement, New York euronext group every 1 shares would convert of the combined group\’s surprisingly stocks, and every exchange would convert 1 shares in the new company 1 shares. The two companies are expected at mergers will produce about 3 million euros (4.052 billion) of collaborative benefits.
Last week, the two companies was first released on the merger plan details, both parties are up for the world\’s largest stock exchange group, the London stock exchange announced will purchase Canada TMX group, which caused a global stock exchange industry a new round of m&a boom. In today\’s nyse and delivered by the joint statement before, media, said the world\’s largest derivatives trading market Chicago mercantile exchange group, may also with partners hand in hand, including nasdaq group, to nyse hostile takeover, lest the market fall to outsiders.
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