Deutsche Boerse has completed the acquisition of 50% of Eurex Zrich from SIX for 295 million in cash and about 5.3 million shares. The transaction makes Deutsche Boerse the sole owner of the derivatives exchange. The transaction was agreed on 7 June 7 2011.
Retroactive as of Jan. 1 2012, Deutsche Boerse Group will receive allEurex Group profits as sole shareholder of Eurex Zrich. Deutsche Boerse Group previously received 85% of Eurex Groups profits.
Deutsche Boerse is fully acquiring all subsidiaries and shareholdings of Eurex Group, including International Securities Exchange Holdings (ISE), as well as the stakes in Direct Edge Holdings and the European Energy Exchange. Moreover, it is acquiring all Eurex software and trademark rights. Eurexs Swiss markets will continue to be operated by Eurex Zrich.
(JDC)