M&A Activity • Jul 27, 2007
M&A Activity
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Ad-hoc | 27 July 2007 16:57
Deutsche Börse AG: ISE shareholders approve combination with Deutsche Börse AG’s subsidiary Eurex
Deutsche Börse AG / Merger
Release 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.
Shareholders of International Securities Exchange Holdings Inc. (ISE)
approved the merger agreement of ISE and Eurex at a special shareholders
meeting in New York on Friday, 27 July 2007. The combination will be
implemented by way of a merger between ISE and a subsidiary of U.S.
Exchange Holdings Inc., itself a Eurex subsidiary. Upon completion of the
transaction ISE shareholders will receive USD 67.50 in cash for each ISE
share held.
Eurex is a joint venture between Deutsche Börse AG and SWX Swiss Exchange,
who as parent companies will provide the necessary financing totaling
approximately USD 2.8 billion. Deutsche Börse AG will contribute 85% of the
total purchase price. The merger still requires approval of the U.S.
Securities and Exchange Commission (SEC).
Contact:
Heiner Seidel
Tel.: +49-69-21 11 15 00
Language: English
Issuer: Deutsche Börse AG
Neue Börsenstraße 1
60487 Frankfurt am Main
Deutschland
Phone: +49 (0)69 211 - 0
Fax: +49 (0)69 211 - 1 20 0
E-mail: [email protected]
Internet: www.deutsche-boerse.com
ISIN: DE0005810055
WKN: 581005
Indices: DAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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