FRANKFURT Feb 20 Deutsche Boerse
said it has little fear of a hostile takeover bid by
Chicago-based CME Group Holdings Inc, as the regulatory
hurdles are too high.
"The chances of a hostile takeover succeeding in our sector
are zero," Deutsche Boerse Chief Executive Reto Francioni told a
news conference on Thursday, when asked about the potential for
interest from the Chicago exchange operator. "Even friendly ones
have been difficult."
Financial sources last year said the CME had put out
friendly feelers toward the German exchange operator, which
"Our position hasn't changed," said Francioni.
Deutsche Boerse is focused on organic growth, particularly
on building its business in Asia.