European regulators have approved the merger of NYSE Group Inc. and Euronext NV.
The Chairmen’s Committee of the Euronext regulators have approved the proposals for the Euronext/NYSE combination. The approval is based on the documentation made available during the assessment process and on the various assurances and commitments provided by NYSE Euronext Inc. and Euronext.
The committee notes that its approval is conditional on the submissions and/or requests Euronext and its subsidiaries need to make to national authorities under local approval procedures. This approval will not be able to pre-empt or bind other competent authorities in the Euronext countries, it says.
Euronext regulators approve merger with NYSE
Approval conditional on the submissions Euronext needs to make to national authorities under local approval procedures
- By: James Langton
- January 11, 2007 January 11, 2007
- 10:38