Analyst view: D.Boerse clinches deal with NYSE Euronext

FRANKFURT (Reuters) - Germany's Deutsche Boerse AG pulled off a $9.7 billion takeover of NYSE Euronext on Thursday.

Here are some comments from analysts and traders:

CHRIS ALLEN, ANALYST AT EVERCORE PARTNERS, NEW YORK

"It was clearly more of a hurdle than the NYSE vote, but you had the nice incentive in the special dividend which was the carrot for Deutsche Boerse shareholders."

"Because they are the acquirer in this situation, even retail investors would like the deal for nationalistic reasons, while institutions would realize the value of the combined franchises."

"The big hurdle is still to come and that's the EC -- that's the one thing I've been worried about."

"You've had deals breaking apart for a variety of different reasons, each somewhat unique. This one is the most compelling out of all the deals that were on the table, and arguably makes the most sense because of the overlap in businesses."

RICHARD REPETTO, ANALYST AT SANDLER O'NEILL, NEW YORK

"This is important for future deals. The global exchange consolidation movement has faced some headwinds. If this deal didn't pass the shareholder test, global consolidation would have come to a screeching halt."

"There's still a significant step ahead, but this was big. I think to get 75 percent, this had even experienced investors acknowledging it was a risk."

THOMAS CALDWELL, CEO OF CALDWELL ASSET MANAGEMENT (OWNS SHARES IN NYSE EURONEXT), TORONTO

"My first reaction was, 'good'. We are entering a new era in regard to exchanges. We are now talking something that has not really been seen before, and that is the mega exchange."

"We still have to go through the approval process in both America and Europe and there may be some tinkering around the edges of that deal, but for me, I saw this as a major event."

"(The merger) does diversify the NYSE out of, and reduce their vulnerability to, the highly destructive measures being taken regarding American capital market. Bit by bit, the world capital market is thinking less and less of the American capital market."

MARKUS HUBER, HEAD OF SALES AND TRADING AT ETX CAPITAL, LONDON

"(This is) not that much of a surprise as the offer from Deutsche Boerse was clearly superior to the one from Nasdaq. They had 61 percent of votes last night already and that was before starting to count postal votes, also all the synergies are known and that's why the share price isn't moving that much. The focus now will probably be the trading system of NYSE which originally was meant to be the one which would be used by the new company. However, several problems during the last weeks have put a big question mark on this. The real task will now be to integrate those two former fierce rivals into one single strong entity."

(Reporting by Ann Saphir, Jonathan Spicer, Josie Cox)