Chairmen's Committee clears Euronext and Nyse merger

Source: Euronext

The Chairmen's Committee of the Euronext regulators (“Chairmen's Committee”) has considered the proposed combination of Euronext N.V. and NYSE Group Inc.

On the basis of the information currently available, the Chairmen's Committee confirms that it is not minded to object to the proposals for the Euronext / NYSE combination. The final prior approval decision will be conditional to, and dependent on, the regulators receiving satisfactory assurances/commitments in specific areas and agreement on final documentation as described in the letter attached to this press release.

The final prior approval decision by the Chairmen's Committee will be without prejudice to the submissions and/or requests Euronext NV and its subsidiaries need to make to national authorities.

The Euronext regulators are also finalising a draft Memorandum of Understanding ("MoU") with the US Securities and Exchanges Commission (SEC). This MoU will be signed if and when the proposed combination receives the required approvals from competent authorities, and the Offer is declared unconditional.

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