Key Developments: Deutsche Boerse AG (.GDAXI)
8,472.20EUR
20 May 2013
€16.37 (+0.19%)
€8,398.00
€8,434.97
€8,476.18
€8,397.54
113,836,855
136,407,198
€8,476.18
€5,914.43
Latest Key Developments (Source: Significant Developments)
Deutsche Boerse AG Is Not in Merger Negotiations with CME Group
Deutsche Boerse AG announced that it is not in merger negotiations with CME Group. As repeatedly communicated, the Company’s primary strategic focus is on organic growth, mainly by expanding its business into growth regions in Asia, extending its services for unsecured and unregulated markets, and expanding its combined market data and Information Technology (IT) business. Full Article
Deutsche Boerse AG to Launch a Share Buyback Program
Deutsche Boerse AG announced that it has resolved on a share buyback program pursuant to the current authorization by its shareholders. The share buyback program will start not before November 1, 2012, and will last up until December 28, 2012. The buyback is limited to the number of shares which corresponds to an overall purchase price of up to EUR 100 million. The share buyback is to be implemented by purchases of registered no-par-value shares of Deutsche Boerse via the stock exchange. The purchase price for the shares to be repurchased via the stock exchange may neither exceed nor fall short of the average share price for the five trading days prior to the purchase commitment by more than 10%. Full Article
Deutsche Boerse AG Comments On FY 2012 Revenue Guidance-Conference Call
Deutsche Boerse AG announced that for fiscal 2012, it expects to come in moderately below the net revenue guidance range. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $2.272 billion for fiscal 2012. Full Article
Deutsche Boerse AG to Combine IT, Market Data, Analytics and Selected External Services in Order to Develop New Business Unit
Deutsche Boerse AG announced that it is developing a new business unit. For that purpose, inter alia IT, Market Data and Analytics as well as selected external services are to be combined. Full Article
Deutsche Boerse AG to Propose FY 2011 Dividend
Deutsche Boerse AG announced that its Executive Board has proposed a dividend distribution totalling EUR 3.30 per share for the fiscal year 2011. The dividend is composed of two parts - a regular dividend of 2.30 Euro, an increase of 10% compared to the previous fiscal year 2010, and a special dividend of EUR 1.00 per share. The distribution proposal is subject to the approval of the Supervisory Board in its meeting in March 2012 as well as the approval of the shareholders of Deutsche Boerse AG and payable immediately after the shareholder meeting on May 16, 2012. Full Article
Deutsche Boerse AG Gives Further Details on European Commission’s Prohibition Against Proposed Business Combination Between Deutsche Boerse and NYSE Euronext
Deutsche Boerse AG announced that on February 2. 2012 it has been officially notified of the decision of the European Commission to prohibit its proposed business combination with NYSE Euronext. In accordance with the terms of the exchange offer made by Alpha Beta Netherlands Holding N.V. to the shareholders of Deutsche Boerse on May 4, 2011, as amended, Alpha Beta Netherlands Holding N.V. will publish the termination of the exchange offer and will instruct the custodian banks of the Deutsche Boerse shareholders who have accepted the exchange offer to unwind the exchange offer by re-booking the tendered Deutsche Boerse shares. The re-booking of the tendered Deutsche Boerse shares (DE000A1KRND6) into the original ISIN (ISIN DE0005810055) is expected to occur on February 7, 2012 after close of trading. At the same time, trading of tendered Deutsche Boerse shares maintained under the ISIN DE000A1KRND6 will be terminated. Full Article
European Commission Prohibits Proposed Business Combination Between Deutsche Boerse and NYSE Euronext
Deutsche Boerse AG announced that the Company and NYSE Euronext have been informed that the European Commission has decided to prohibit their proposed business combination. Despite the remedies offered by the companies, the European Commission concluded that the combination would impede effective competition and declared the concentration to be incompatible with the Common Market. Upon receipt of the official notification of Deutsche Berse AG and NYSE Euronext of this decision by the European Commission, it will become impossible to fulfill the completion condition for the exchange offer made by Alpha Beta Netherlands Holding N.V. to the shareholders of Deutsche Boerse on May 4, 2011, as amended, that clearance by the European Commission must be received on or prior to March 31, 2012. Upon receipt of the official notification of the prohibition decision, the exchange offer will therefore automatically lapse. Alpha Beta Netherlands Holding N.V. will publish the termination of the exchange offer and will unwind (rueckabwickeln) the exchange offer in accordance with the exchange offer terms. Full Article
Deutsche Boerse AG, NYSE Euronext Submit Revised Remedies To EU Commission-DJ
Dow Jones reported that Deutsche Boerse AG and NYSE Euronext had submitted revised remedy proposals for their planned merger to the European Union's antitrust oversight body aimed at winning key approval for the deal. The revised concessions, which were turned in by the 2300 GMT deadline on Monday, center on additional measures by the merger partners to open up their derivatives business to third parties. In consultation with the Commission, both merger partners also agreed to an extension of the merger plan review by the EU Commission by 13 working days. The Commission now plans to complete its review by February 9, compared with the previous envisaged January 23 date. Both exchanges said they anticipate a closing of the deal shortly after the February 9 date. Full Article
NYSE Euronext, Deutsche Boerse AG Must Sell Assets For Merger-Reuters
Reuters reported that European competition authorities are ready to block the $9 billion merger of NYSE Euronext and Deutsche Boerse AG unless the companies agree to new asset sales, Le Monde newspaper reported. EU regulators met the exchanges at a meeting on Tuesday and discussed whether rivals and users felt that their proposals addressed competition concerns. Full Article
Deutsche Boerse AG, Istanbul Stock Exchange Enter Cooperation-DJ
Dow Jones reported that Deutsche Boerse AG is cooperating with Istanbul Stock Exchange in several business areas, such as joint research projects and marketing activities in Germany and Turkey. Financial details weren't disclosed. The companies aim to cooperate on joint indices and product development to support closer cooperation between both Frankfurt and Istanbul. Full Article
New Issue-Deutsche Boerse prices 600 mln euro 2018 bond
Underlying govt bond Over Mid-swaps, equivalent to 88.722bp
Earnings vs. 
Estimates
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