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 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 19:01 2018 Thursday ,04 October

LEAD S. Korean firms offer aid for quake-hit Indonesia

GMT 11:02 2018 Tuesday ,11 December

ASE opens trading on lower note

GMT 14:08 2018 Friday ,14 December

Bank of Russia raises key rate

GMT 17:37 2017 Thursday ,04 May

Heba Rosas reveals foods that improve mood

GMT 05:35 2017 Thursday ,23 March

ECB: Protectionism may raise trade deficits
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 2025 ©

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

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