Regulators Eye $10B Boerse-NYSE Euronext Deal Again

Law360, New York (December 12, 2011, 2:41 PM EST) -- German regulators on Monday threw another wrench in the planned $9.7 billion merger of market giants Deutsche Boerse AG and NYSE Euronext, raising questions about the legality of the stock exchange combination proposal, which has drawn scrutiny from antitrust bodies.

The Wiesbaden, Germany-based Hessian Ministry of Economy, the local German regulator for the Frankfurt exchange,  has asked for unspecified changes to the proposed deal, according to news reports.

Naomi Kim, a spokeswoman for Deutsche Boerse, and Eric Ryan, a spokesman for NYSE Euronext, declined to comment....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.