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