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Deutsche Börse Board OKs Alpha Beta Offer

Deutsche Börse’s management and supervisory boards have recommended accepting an offer made by Alpha Beta Netherlands.

Deutsche Börse’s management and supervisory boards have recommended accepting an offer made by Alpha Beta Netherlands. As per the offer, the shareholders will get one share of the Dutch holding for each share in Deutsche Börse.

The Dutch holding will be the joint holding company of Deutsche Börse and NYSE Euronext in the merged company, which may generate full run rate cost synergies of €400 million. The new company will offer clients a global business model, product innovation and an extended choice of technological and market information solutions.

Click here for the release from GlobalFundWire.

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