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Deutsche Boerse AG (DB1Gn.DE)

DB1Gn.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Deutsche Boerse says FY profit forecast remains valid
Tuesday, 28 Jun 2016 07:45am EDT 

Deutsche Boerse :Chairman and members of management board of Deutsche Boerse confirm that Deutsche Boerse profit forecast remains valid.  Full Article

Shares in LSE Group fall as much as 15.9 pct after Brexit vote
Friday, 24 Jun 2016 03:10am EDT 

: Shares In London Stock Exchange Group fall as much as 15.9 percent after Brexit vote Further company coverage: [LSE.L] ((Bengaluru Newsroom +918067491136;)).  Full Article

LSE Group says completed sale of Frank Russell's asset management business
Wednesday, 1 Jun 2016 10:38am EDT 

London Stock Exchange Group Plc : Completion of sale of Frank Russell Company's asset management business . Has completed sale of Frank Russell Company's asset management business . Expected net proceeds to be realised by LSEG will be approximately us$920 million (634 million stg), as previously indicated, .Has received cash proceeds at closing, net of payment of tax on gains, of approximately $650 million (448 million stg).  Full Article

LSE says shareholders to vote on Deutsche Borse deal on July 4
Wednesday, 1 Jun 2016 08:18am EDT 

London Stock Exchange Group Plc : LSEG shareholders will be asked to approve scheme and merger at court meeting and LSEG general meeting on July 4 2016 . Deutsche Börse shareholders can tender their shares from today until July 12 2016 (24:00 hours CEST) . Expect that quantified revenue synergies of at least eur 250 million will be realised progressively . Boards believe that in order to achieve aforementioned cost synergies in 3rd after merger there could be overall potential job reduction of about 1,250 existing roles . Anticipated that headcount reductions arising due to merger will be mitigated by further job opportunities over medium term . Outcome of united kingdom referendum on membership of european union is not a condition of merger . Also believe that over 200 new roles could be created as a result of proposed growth initiatives referred to in sub-paragraphs .Is expected that holdco board will subsequently be reduced to 14 directors; non-executive director nominated by LSEG and deutsche börse will stand down..  Full Article

Euronext CEO eyeing assets from LSE-DB deal, other bourses
Friday, 13 May 2016 03:44am EDT 

Euronext CEO says : About LSE-Deutsche borse deal that large-scale transactions usually take longer than expected and never end as initially planned ."Transformational" tie-ups could involve possible assets for sale from LSE-DB deal, says other independent exchanges could consider strategic opportunities.  Full Article

Dual HQs are important part of Deutsche Boerse-LSE merger - Boerse CEO
Thursday, 12 May 2016 05:30am EDT 

Deutsche Boerse : CEO says proximity to Bundesbank and ECB is what London needs . CEO says with this merger construct, we are pulling liquidity from our partners into the euro zone . CEO says the dual headquarter structure of Frankfurt and London is an important element to the whole merger structure . CEO says the UK staying in the EU and taking an active role in the EU is the preferred case Further company coverage: [DB1Gn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Deutsche Boerse says takes note of ICE statement on LSE
Wednesday, 4 May 2016 08:26am EDT 

Deutsche Boerse AG:Says management board of Deutsche Boerse AG has noted that Intercontinental Exchange has today released a statement of intention not to make an offer for London Stock Exchange Group.  Full Article

Deutsche Boerse announces merger of equals between Deutsche Boerse and London Stock Exchange Group plc
Wednesday, 16 Mar 2016 02:59am EDT 

Deutsche Boerse AG:Management Board of Deutsche Boerse today concluded an agreement on the implementation of a business combination ("merger") with LSEG under a UK holding company, HLDCO123 PLC ("UK TopCo").Combined group will be managed by a unitary board of the UK holding company composed of equal numbers of LSEG and Deutsche Börse directors.Carsten Kengeter, CEO of Deutsche Boerse, will assume the role of CEO and executive director of combined group.David Warren, CFO of LSEG, will assume the role of CFO and executive director of combined group.Combined group will maintain its headquarters in London and Frankfurt, with an efficient distribution of central corporate functions in both locations.Under terms of merger, Deutsche Boerse shareholders to be entitled to receive one new UK TopCo share in exchange for each Deutsche Boerse share, and LSEG shareholders will be entitled to receive 0.4421 new UK TopCo shares in exchange for each LSEG share.Based on this exchange ratio, parties anticipate that Deutsche Boerse shareholders will hold around 54.4 pct, and LSEG shareholders to hold around 45.6 pct of share capital of UK TopCo, provided Takeover Offer is accepted in full.  Full Article

Bolsas y Mercados Espanoles Sociedad Holding de Mercados y Sistemas Financieros buys remaining 50 pct of Infobolsa from Deutsche Boerse
Thursday, 25 Feb 2016 12:01pm EST 

Bolsas y Mercados Espanoles Sociedad Holding de Mercados y Sistemas Financieros:Says has authorized the acquisition of 50 percent of Infobolsa SA from Deutsche Boerse AG for 8.2 million euros.Says as a result of the transaction BME has reached 100 percent stake in Infobolsa.  Full Article

Deutsche Boerse equities trading won't move in LSE deal - Reuters
Wednesday, 24 Feb 2016 04:19am EST 

Deutsche Boerse AG:CEO says equities trading would not be pulled out of Frankfurt in a merger with the London Stock Exchange - Reuters.  Full Article

UPDATE 1-Deutsche Boerse, LSE submit merger to EU regulators for approval

LONDON, Aug 25 Deutsche Boerse and the London Stock Exchange Group have submitted their $29 billion merger deal to European Union competition regulators ahead of a Sept. 28 deadline for a preliminary review.