Search
Notice: Undefined variable: indexpage in /home/wfe/public_html/focus/2011-08/header.php on line 49
WFE Focus April 2011
Exchange consolidation news

Deutsche Börse’s shareholders approve proposed combination with NYSE Euronext

After NYSE Euronext’s shareholders, it is the turn of Deutsche Börse’s shareholders to approve the proposed combination with NYSE Euronext. The completion of the combination is still subject to approval by the relevant competition and financial securities and other regulatory authorities in the US and Europe, as well as customary closing conditions.

MICEX and RTS shareholders voted for integration of the exchanges

On 5 August 2011, MICEX and RTS held extraordinary general shareholders meetings during which a large majority of the respective shareholders of both exchanges voted in favor of the merger.

TMX Group to hold discussions with Maple Group

On 21 July 2011, the TMX Group Board of Directors has authorized management and its advisors to hold discussions with the Maple Group Acquisition Corporation (Maple) regarding its unsolicited offer to acquire TMX Group. The TMX Group Board is making no recommendation to shareholders regarding the current Maple offer and there can be no assurance that any agreement or recommendation will result from TMX Group’s discussions with Maple. According to the Maple take-over bid circular, the current Maple offer is open for acceptance until 8 August 2011 and is subject to a number of conditions; Maple has publicly disclosed that it expects to complete the Maple offer in the fall of 2011.


Notice: Undefined variable: indexpage in /home/wfe/public_html/focus/2011-08/footer.php on line 4
Designed by Tayburn Kurumsal