SEC clears Nyse/Deutsche Börse merger

Source: SEC

The U.S. Securities and Exchange Commission (SEC) has approved the filings related to the NYSE Euronext and Deutsche Börse AG merger and therefore, pending any changes, all U.S. regulatory approvals have been received in relation to the combination.

This approval would permit NYSE Euronext to become a wholly owned subsidiary of Holdco and authorizes certain amendments to the organizational and other governance documents of Holdco, NYSE Euronext and NYSE Group.

On December 22, 2011, the Antitrust Division of the United States Department of Justice cleared the proposed combination between NYSE Euronext and Deutsche Börse AG. On August 22, 2011, NYSE Euronext was notified by the Committee on Foreign Investment in the United States (CFIUS) that it had completed its review of the proposed merger without objection to the transaction going forward.

Completion of the transaction is subject to further closing conditions, including approvals by the European Commission and other relevant national stock exchange supervisory authorities.

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