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Germany: Stock exchange denies reports of merger with CME

 |  February 25, 2013

Germany’s stock exchange Deutsche Boerse is denying the rumors that it was approached by CME Group with merger plans. Bloomberg originally reported that CME, which owns the Chicago Board of Trade, approached Germany’s stock exchange, citing four sources familiar with the matter. CME declined to comment. Deutsche Boerse attempted to merger with NYSE Euronext in 2012, and had previously attempted to combine with Euronext and the London Stock exchange in previous years, all plans that were blocked by antitrust authorities. Reports say that CME could potentially see interest in Deutsche Boerse as it is looking to penetrate the European derivatives trading market.

 

Full Content: Chicago Tribune

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