Deutsche Boerse's (DB1Gn.DE) regulator on Wednesday pledged to defend German interests as it reviews a merger between NYSE Euronext (NYX.N) and the Frankfurt operator, reflecting political sensitivities surrounding a deal. Dieter Posch, the Hessian minister of Economics, declined to comment directly on the status of a review of the proposed merger of NYSE Euronext and Deutsche Boerse, but said that "having a shell company that is then run from outside would not be acceptable". The reference is a clear nod to Deutsche Boerse's proposal to create an Amsterdam-based holding company for a merged NYSE Deutsche Boerse entity. Posch reiterated that the ministry will defend the interests of Frankfurt as a financial centre, and seek to ensure that the merger will enhance rather than diminish Frankfurt as a financial centre.
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