Deutsche Boerse said it is not in merger negotiations with CME Group. Its statement followed press reports, which said that the CME has approached Deutsche Boerse to weigh deal talks.
A report in Bloomberg said the CME contacted the Frankfurt-based exchange at the end of last year, before Intercontinental Exchange (ICE) announced plans to buy NYSE Euronext on Dec. 20, citing sources.
“As repeatedly communicated, Deutsche Brse Groups primary strategic focus is on organic growth, mainly by expanding its business into growth regions in Asia, extending its services for unsecured and unregulated markets, and expanding its combined market data and IT business”, said Deutsche Boerse’s statement.
(JDC)