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Germany/EU: Sources shut down rumors of Deutsche Boerse, Euronext deal

By  |  November 19, 2013

Sources told reporter Tuesday that German stock exchange operator Deutsche Boerse is not interested in acquiring EU counterpart Euronext, despite rumors otherwise.

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    Earlier reports said Deutsche Boerse, along with the London Stock Exchange and Nasdaq OMX, was interested in acquiring Euronext, which is part of IntercontinentalExchange Group.

    Other sources have said that the London Stock Exchange has already approached ICE over a possible bid, while Nasdaq OMX confirmed it would consider a Euronext bid should an opportunity arise.

    IntercontinentalExchange plans to divest Euronext to secure clearance in its buyout of NYSE Euronext, made for $10.9 billion.

    Full Content: Reuters

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