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NYSE-DB to fight EU merger block


NYSE Euronext and Deutsche Börse will lobby the 27 EU commissioners in a bid to complete their merger.

Amid mounting speculation that EU competition officials are set to reject their merger bid, a joint statement from the two exchanges reaffirmed their commitment to see the deal through to completion.

According to a report in the Financial Times, negotiations between Brussels officials and the exchanges have foundered after the competition commissioner demanded the sale of one of the main derivatives businesses.

However, Deutsche Börse said this morning that no official announcement had been made by the commission.

Any decision...

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