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NYSE, Euronext agree to form world-scale exchange CBC News \|\| June 05, 2006 NYSE Group Inc. will merge with Paris-based Euronext in a $10-billion US cash and stock deal that will create the first trans-Atlantic securities market. Euronext operates stock exchanges in Paris, Amsterdam, Brussels and Lisbon. If the deal goes through, the NYSE and Euronext will handle about $2.1 trillion US in stock trades each month and have a market value of $20 billion US. The acquisition is the beginning of a new wave for financial markets, a world market in which investors can trade stocks, options, futures, commodities and corporate bonds on two continents up to 12 hours a day. Article Posted at www.KnowledgeDrivenRevolution.com "This is an important development in the history of the NYSE, Euronext and the global capital markets," said NYSE chief executive John Thain, who will run the new market. "A partnership with Euronext fulfills our shared vision of building a truly global marketplace with great breadth of product and geographic reach that will benefit all investors, issuers, and our shareholders and stakeholders." On Friday, Deutsche Boerse AG said it will continue with its plans to offer a rival bid for Euronext. While Frankfurt-base Deutsche Boerse has yet to unveil terms of an offer, some analysts have said it will be worth about $11 billion US. About KDR \| \| Home \| \| Weekly Features Archive	Weekly Weekly Features Archive
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NYSE, Euronext agree to form world-scale exchange

CBC News || June 05, 2006

NYSE Group Inc. will merge with Paris-based Euronext in a $10-billion US cash and stock deal that will create the first trans-Atlantic securities market.

Euronext operates stock exchanges in Paris, Amsterdam, Brussels and Lisbon.

If the deal goes through, the NYSE and Euronext will handle about $2.1 trillion US in stock trades each month and have a market value of $20 billion US.

The acquisition is the beginning of a new wave for financial markets, a world market in which investors can trade stocks, options, futures, commodities and corporate bonds on two continents up to 12 hours a day.

Article Posted at www.KnowledgeDrivenRevolution.com

"This is an important development in the history of the NYSE, Euronext and the global capital markets," said NYSE chief executive John Thain, who will run the new market.

"A partnership with Euronext fulfills our shared vision of building a truly global marketplace with great breadth of product and geographic reach that will benefit all investors, issuers, and our shareholders and stakeholders."

On Friday, Deutsche Boerse AG said it will continue with its plans to offer a rival bid for Euronext. While Frankfurt-base Deutsche Boerse has yet to unveil terms of an offer, some analysts have said it will be worth about $11 billion US.

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