Deutsche Börse rages against EC blocking decision

Deutsche Börse CEO Reto Francioni has pulled no punches in his reponse to the decision announced yesterday by the European Commission to block a merger with NYSE Euronext.

Francioni said in a letter that the decision was “wrong” and marked a “black day for Europe and for its future competitiveness on global financial markets”.

However, as a result of the decision, Deutsche Börse would continue to look for opportunities on its own, particularly in regions outside Europe.

Francioni’s full response is republished here:[asset_library_tag 4049, Letter to customers ]

Yesterday’s EC decision is covered here: http://www.investmenteurope.net/investment-europe/news/2142915/ec-blocks-deutsche-b-rse-merger-nyse-euronext

 

 

 

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