In a report for French industry association Paris Europlace, Schneider Electric chairman Henri Lachmann criticised the NYSE deal. He raised the prospect of Euronext joining with Deutsche Börse’s cash equities business, and possibly Borsa Italiana’s, before seeking to renegotiate terms with the NYSE. But Deutsche Börse announced on November 15 that it had abandoned a rival effort to acquire the pan-European derivatives exchange (See: Deutsche Börse pulls out of Euronext bid).
A trans-European committee of regulatory agencies is due to give its verdict on the proposed merger in early January.
The week on Risk.net, July 7-13, 2018Receive this by email