NYSE Euronext (NYSE: NYX) has acknowledged the withdrawal of the proposal from Nasdaq OMX Group, Inc (Nasdaq: NDAQ) and IntercontinentalExchange Inc (NYSE: ICE) to acquire all outstanding shares of NYSE Euronext.
“As we have consistently maintained, the combination with Deutsche Boerse creates the world’s premier exchange group -- a geographically diverse business across multiple asset classes that will create compelling long term value for our shareholders. We look forward to continuing to share this vision with shareholders and other stakeholders as we move toward our vote on 7 July,” says Duncan L Niederauer (pictured), Chief Executive Officer of NYSE Euronext.
NYSE Euronext’s financial advisers are Perella Weinberg Partners, BNP Paribas, Citigroup, Goldman, Sachs and Co, and Morgan Stanley & Co, Inc. Its legal advisers are Wachtell, Lipton, Rosen & Katz, Stibbe NV and Milbank, Tweed, Hadley & McCloy LLP.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More