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Thursday, March 10, 2011

EU's Almunia sees deep scrutiny for D.Boerse-NYSE, (NYSE: NYX)

EU regulators are likely to take a long, hard look at Deutsche Boerse's (DB1Gn.DE) planned takeover of NYSE Euronext (NYX.N), the EU's antitrust chief said, with dominance in derivatives seen as a key focus. EU Competition Commissioner Joaquin Almunia's comments on Thursday underscored the hurdles the deal faces in Europe compared with the United States where regulators were expected to clear the $10.2 billion takeover. [ID:nN2454501] "This is a complex case," Almunia told Reuters on the sidelines of an International Bar Association conference.

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