Deutsche Boerse (DB1Gn.DE) formally launched a two-step process to clinch a $10.7 billion euros offer for NYSE Euronext (NYX.N) as Nasdaq (NDAQ.O) and IntercontinentalExchange edged closer to making a hostile offer. Deutsche Boerse said the tender period for shareholders to get shares in Alpha Beta Netherlands Holding NV, a holding company for a combined NYSE Euronext Deutsche Boerse company, started on Wednesday and will last until July 13. Deutsche Boerse Chief Executive (CEO) Reto Francioni said, "The publication of the offer document is a further milestone on our way towards the planned combination." Francioni said shareholders "will benefit not only from the immediate increase in value from the expected synergies but also from attractive growth opportunities of the combined group".
NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX fell by 0.95% or $-0.38/share to $39.61. In the past year, the shares have traded as low as $26.42 and as high as $41.18. On average, 6118620 shares of NYX exchange hands on a given day and today's volume is recorded at 1419125.
The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across six continents. Shares of NDAQ fell by 0.22% or $-0.06/share to $26.71. In the past year, the shares have traded as low as $17.18 and as high as $29.71. On average, 3395000 shares of NDAQ exchange hands on a given day and today's volume is recorded at 767348.
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