At an ordinary meeting today, the supervisory board of Deutsche Borse mwelcomed the decision of the executive board to enter into concrete negotiations with Euronext NV on a potential combination of the two companies.
After extensive discussions we are convinced that a merger of partners with Euronext is the best possible approach to create a truly European exchange organization,” supervisory board chairman Kurt Viermetz. “We expect such combination to result in significant synergies and improved growth prospects for all market participants, as well as to create value for shareholders in both companies.”
“As far as Deutsche Borse is concerned all prerequisites are met and there is a clear mandate to enter timely into negotiations with Euronext with the goal to create a European exchange organization,” Deutsche Borse CEO Reto Francioni said.