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EU Drafts Deutsche, NYSE Deal Concerns

The European Union has conveyed to Deutsche Boerse and NYSE Euronext its concerns related to their proposed $9 billion merger deal.

The European Union has conveyed to Deutsche Boerse and NYSE Euronext its concerns related to their proposed $9 billion merger deal, Reuters reports. The specific objections linked to the agreement have not been disclosed.

Initiating its probe in August, the EU had voiced doubts about the deal’s effect on derivatives and equities. The combined entity will have a near-monopoly on exchange-based futures trading in Europe once the Eurex and NYSE Liffe venues are merged.

Click here for the story from Reuters.

Click here for additional coverage from The Wall Street Journal.

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