Germany's financial regulator will begin looking at Deutsche Boerse's (DB1Gn.DE) planned takeover of NYSE Euronext (NYX.N) over the next few days, one of a host of regulators due to scrutinise the $10 billion deal. The holding company that will combine the two exchanges if the transaction goes ahead filed documents with German financial regulator BaFin on Tuesday, a spokesman for Deutsche Boerse said. "The review period can take up to 15 working days," the spokesman said. Deutsche Boerse's planned acquisition also needs approval from other regulators in Europe and the United States. Analysts have said the deal could face competition hurdles as there is overlap in European futures and cash equity and U.S. equity, but expect it to gain approval ultimately.
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