nasdaq ice reaffirm interest in nyse euronext
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Nasdaq, ICE reaffirm interest in NYSE Euronext

Arab Today, arab today

Arab Today, arab 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.

arabstoday
arabstoday

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

 



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 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 07:44 2017 Thursday ,28 December

Nermein Al Fekki participates in new drama show

GMT 20:37 2011 Thursday ,10 March

Guardian correspondent missing in Libya

GMT 15:29 2017 Tuesday ,16 May

Al Ahly Club is keeping Hossam El Badry

GMT 21:04 2018 Friday ,19 January

BDF holds graduation ceremony

GMT 02:24 2017 Tuesday ,29 August

Yogyakarta intensifies village tourism promotion

GMT 20:00 2014 Wednesday ,10 December

30 simple ways to change your life for better

GMT 06:40 2017 Saturday ,11 March

Iraq forces advance in Mosul

GMT 07:30 2017 Wednesday ,18 January

Daesh assault halts food aid drops in Syria's Deir Ezzor

GMT 15:16 2017 Monday ,30 October

Britain defends Balfour Declaration
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday