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EU blocks merger of US and German stock exchange operators

01.02.12 @ 11:43

  1. By EUOBSERVER

The EU commission has blocked the merger of New York Stock Exchange Euronext and Deutsche Boerse, saying that the €13bn tie-up would "significantly impede competition" and go against EU internal market rules, the two operators said Tuesday. Competition commissioner Joaquin Almunia was expected to make the announcement later that day.

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