Tweet
Deutsche Boerse rebuffs rumors on NYSE talks
By MELISSA EDDY – 1 hour ago
BERLIN (AP) — Deutsche Boerse rebuffed rumors that it might join with NYSE Euronext to create the world's leading stock exchange, issuing a statement Sunday flatly declaring it had nothing to report.
The remarks from the Frankfurt, Germany-based owner of the German stock exchange followed a report in the leading German weekly, Der Spiegel, that talks on a merger were under way. Deutsche Boerse said that even if talks had taken place, "they ended without any results."
Der Spiegel's advance edition said the two exchanges are considering creating a Netherlands-based holding company that would take over Deutsche Boerse's shares, which would then be fused with a U.S.-based subsidiary of the holding company.
An NYSE spokesman declined to comment in response to calls by The Associated Press.
Der Spiegel cited as the basis for its report a Deutsche Bourse "internal paper" to be presented at an exchange meeting Monday.
...
http://www.google.com/hostednews/ap/...cfQIwD94TVD880
By MELISSA EDDY – 1 hour ago
BERLIN (AP) — Deutsche Boerse rebuffed rumors that it might join with NYSE Euronext to create the world's leading stock exchange, issuing a statement Sunday flatly declaring it had nothing to report.
The remarks from the Frankfurt, Germany-based owner of the German stock exchange followed a report in the leading German weekly, Der Spiegel, that talks on a merger were under way. Deutsche Boerse said that even if talks had taken place, "they ended without any results."
Der Spiegel's advance edition said the two exchanges are considering creating a Netherlands-based holding company that would take over Deutsche Boerse's shares, which would then be fused with a U.S.-based subsidiary of the holding company.
An NYSE spokesman declined to comment in response to calls by The Associated Press.
Der Spiegel cited as the basis for its report a Deutsche Bourse "internal paper" to be presented at an exchange meeting Monday.
...
http://www.google.com/hostednews/ap/...cfQIwD94TVD880