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08 August 2006

Deutsche Börse Re-affirms Interest in Euronext

Finextra reports today that Deutsche Börse has made new moves to build support from key stakeholders for its proposed merger with Euronext and says its takeover bid for the pan-European stock exchange is now worth five per cent more than the rival offer made by the New York Stock Exchange. Euronext agreed a USD10bn deal from Nyse in May, ousting a rival bid by Deutsche Börse, although the agreement still needs shareholder approval. Full article.

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