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Tuesday, November 19, 2013

Deutsche Boerse not interested in buying Euronext - sources, (NASDAQ: NDAQ)

German stock exchange operator Deutsche Boerse AG has no interest in buying European exchange group Euronext, sources close to the Germany-based group said on Tuesday.The Wall Street Journal had cited people familiar with the discussions as saying that Deutsche Boerse, London Stock Exchange Group Plc (LSE) and Nasdaq OMX Group Inc were considering offers for Euronext, part of IntercontinentalExchange Group Inc.Deutsche Boerse failed to comment on that idea, though the chairman of its supervisory board told reporters the German exchange would continue to shun large acquisitions.Earlier this year Nasdaq OMX Chief Executive Robert Greifeld said the company would consider a bid for Euronext if the opportunity arose.

The NASDAQ OMX Group, Inc. (NASDAQ OMX) is a holding company. Shares of NDAQ traded higher by 1.4% or $0.52/share to $37.60. In the past year, the shares have traded as low as $22.95 and as high as $37.62. On average, 1278960 shares of NDAQ exchange hands on a given day and today's volume is recorded at 1400613.