NYSE-Euronext wins landslide shareholder approval

The group’s chief executive, John Thain, said: “Winning the approval of NYSE Group and Euronext shareholders enables us to move forward with our shared vision of building the first truly global exchange group.”

The results, which have yet to be fully audited, follow another landslide vote in favour of the plans by shareholders in Euronext. During a ballot at an extraordinary general meeting in Amsterdam yesterday (December 19), participating Euronext shareholders cast 98% of votes in favour of the plan. If regulators approve the merger, it would create a $20 billion trans-Atlantic equities and derivatives business, with average daily trading volumes predicted at $100 billion.

98% of Euronext shareholders approve NYSE deal

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