Deutsche Boerse and NYSE Euronext have agreed to pay a total of €620 million special dividend to shareholders, The Wall Street Journal reports. Deutsche Börse shareholders will receive €2 a share, while shareholders of NYSE will receive €0.93, adds Financial Times.
The one-time payment will not be made until their proposed merger closes. The special dividend will be obtained from the capital reserves of the combined entity.
Click here for the story from The Wall Street Journal.
Click here for additional coverage from Financial Times.