Press Release: Mergers: Commission approves acquisition of NYSE Euronext by InterContinental Exchange

Author (Corporate)
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Series Details IP/13/597 (24.06.13)
Publication Date 24/06/2013
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The European Commission has cleared under the EU Merger Regulation the proposed acquisition of NYSE Euronext ("NYX") by the InterContinental Exchange ("ICE"). NYX and ICE operate exchanges providing trading and clearing services, particularly in the field of derivatives.

The Commission's investigation confirmed that the proposed transaction would not raise competition concerns as NYX and ICE are not direct competitors in the markets concerned and would continue to face competition from a number of other competitors.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-13-597_en.htm
Related Links
ESO: Background Information: Deutsche Börse: Failed NYSE/Euronext merger haunts exchange http://www.europeansources.info/record/deutsche-borse-failed-nyse-euronext-merger-haunts-exchange/

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