nasdaq ice reaffirm interest in nyse euronext
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Nasdaq, ICE reaffirm interest in NYSE Euronext

Egypt Today, egypt today

Egypt Today, egypt today Nasdaq, ICE reaffirm interest in NYSE Euronext

New York - AFP
US securities exchanges Nasdaq and ICE "reaffirmed their interest in acquiring" NYSE Euronext, in response to a rejection by NYSE Euronext of their bid to create the world's biggest exchange. "We will continue meeting with investors, customers and regulators to highlight the many ways in which our proposal is superior, not only for the stockholders of NYSE Euronext, but also for market participants in the US and Europe which would benefit from a more efficient and competitive marketplace," said Jeffrey Sprecher, Chairman and Chief Executive Officer of ICE. The superior cash and stock proposal from NASDAQ OMX and ICE provides NYSE Euronext's stockholders with immediate value and a higher premium to the proposal from Deutsche Boerse, ICE and Nasdaq argued in a statement. Nasdaq and ICE had joined forces Friday to make an $11.3 billion bid for NYSE Euronext, putting a spoiler on a rival bid to create the world's biggest exchange. Moving to secure their own futures as exchanges around the world consolidate, Nasdaq and the Intercontinental Exchange offered NYSE shareholders 19 percent more per share than a rival bid from Deutsche Boerse. The deal would would see markets in Brussels, Paris, Amsterdam, Lisbon and New York change hands, while keeping Wall Street's fabled exchange under US ownership. If the bid is successful, NYSE Euronext would be broken up, with its Liffe derivatives business going to ICE while Nasdaq OMX -- best known for trading the world's leading technology firms -- would take its stock markets in New York, Paris, Brussels, Amsterdam and Lisbon. The bid is also a play to US nationalist sentiment, after the Deutsche Boerse move sparked complaints that the NYSE big Board, an icon of American capitalist might known to television viewers around the world for its hectic trading floor, would come under control of foreigners.
egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nasdaq ice reaffirm interest in nyse euronext nasdaq ice reaffirm interest in nyse euronext



GMT 09:40 2018 Sunday ,09 December

Rise in temperature, partially cloudy skies

GMT 10:07 2019 Monday ,19 August

Live a calm and distinctive atmosphere

GMT 13:06 2011 Thursday ,17 November

Blatter: Committed to fight against racism

GMT 02:40 2012 Friday ,04 May

Brazil pledges investment fund for Africa

GMT 07:46 2012 Monday ,23 January

Masdar graduate makes Forbes 30 under-30 list

GMT 08:30 2017 Sunday ,27 August

Consumers against random abattoirs

GMT 15:00 2012 Sunday ,09 December

Rapper Rick Ross cancels concert tour

GMT 23:07 2014 Sunday ,02 March

China urges greater wildlife protection efforts

GMT 17:27 2012 Saturday ,14 April

China and Philippines end fishing standoff

GMT 20:04 2014 Wednesday ,01 January

Modern caterpillars feed at higher temperatures
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday