Consolidation Is Looming As Euronext Considers Suitors Deal of the Week: Stock Markets Exchanges Look to Mergers in Order to Remain Competitive
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Summary
THE bidding race for Europe's second largest stock market and futures exchange is expected to kick off a wave of consolidation, according to analysts.
The New York Stock Exchange (NYSE) dollars10.2 billion (GBP5.4bn) takeover offer for Euronext last week was the latest salvo in a long- running mating dance between five major stock exchanges in North America and Europe.See the full content of this document
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Consolidation Is Looming As Euronext Considers Suitors Deal of the Week: Stock Markets Exchanges Look to Mergers in Order to Remain Competitive
The London Stock Exchange (LSE) has been at the centre of much of the courting over the last two years. But now the NYSE is going up against Frankfurt-based Deutsche Boerse to win the hand of Euronext.
As the week closed, it looked likely that Paris-based Euronext would be ...See the full content of this document
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