D Börse to sue Brussels over NYSE block

Author (Person)
Series Title
Series Details 20.3.12
Publication Date 20/03/2012
Content Type

Deutsche Börse said on the 19 March 2012 that it would take the European Commission to court to try to overturn its decision in February 2012 to block its tie-up with NYSE Euronext, in what would have been the world's largest exchange deal.

The move, rare in European merger cases, came after weeks of bitter recriminations after the European Commission voted to stop the deal on antitrust grounds.

Related Links
ESO: Background information: Brussels blocks DB-NYSE merger http://www.europeansources.info/record/brussels-blocks-db-nyse-merger/
BBC News, 19.3.12: Deutsche to challenge EU over NYSE Euronext ruling http://www.bbc.co.uk/news/business-17440690

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