98% of Euronext shareholders approve NYSE deal
At an extraordinary general meeting in Amsterdam, participating Euronext shareholders cast 70.3 million votes - 98% of the total - in favour of the exchange's planned merger with NYSE Group.
Yesterday the exchanges released a letter by Dutch finance minister Gerrit Zalm, saying he would not object to the plan provided there was no US regulatory “overspill” and local markets were represented on the new group’s management board.
Meanwhile, Euronext has signed an agreement to acquire 51% of London-based SecFinex, the European securities lending platform. It said SecFinex would remain a separate firm, and the deal would give clients easier access to the securities lending market.
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