M&A Activity • Feb 1, 2012
M&A Activity
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Ad-hoc | 1 February 2012 10:52
Deutsche Börse AG: European Commission prohibits proposed business combination between Deutsche Börse and NYSE Euronext
Deutsche Börse AG / Key word(s): Merger
01.02.2012 10:52
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Deutsche Börse AG (Deutsche Börse) and NYSE Euronext have been informed
that the European Commission today has decided to prohibit their proposed
business combination.
Despite the remedies offered by the companies, the European Commission
concluded that the combination would significantly impede effective
competition and declared the concentration to be incompatible with the
Common Market.
Upon receipt of the official notification of Deutsche Börse and NYSE
Euronext of this decision by the European Commission, it will become
impossible to fulfill the completion condition for the exchange offer made
by Alpha Beta Netherlands Holding N.V. to the shareholders of Deutsche
Börse on May 4, 2011, as amended, that clearance by the European Commission
must be received on or prior to March 31, 2012. Upon receipt of the
official notification of the prohibition decision, the exchange offer will
therefore automatically lapse.
Alpha Beta Netherlands Holding N.V. will publish the termination of the
exchange offer and will unwind (rückabwickeln) the exchange offer in
accordance with the exchange offer terms.
01.02.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Deutsche Börse AG
-
60485 Frankfurt am Main
Germany
Phone: +49 (0)69 211 - 0
Fax:
E-mail: [email protected]
Internet: www.deutsche-boerse.com
ISIN: DE0005810055, DE000A1KRND6
WKN: 581005, A1KRND
Indices: DAX, EuroStoxx 50
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX
End of Announcement DGAP News-Service
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