LOGO
LOGO

Breaking News

Deutsche Boerse Not In Merger Talks With CME Group; Stock Up - Update

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Deutsche Boerse AG (DBOEF.PK,DBOEY.PK) Monday denied having any talks for a merger with CME Group Inc. (CME). The rebuttal follows a Bloomberg report that the German exchange operator had been approached by CME Group for a possible merger.

Deutsche Boerse reiterated its primary strategic focus on organic growth, mainly by leveraging its focus in Asia, extending services for unsecured and unregulated markets, and broadening its combined market data and IT business.

Shares of Deutsche Boerse gained five percent on Monday on the German Xetra exchange.

The exchange industry has been in the limelight after IntercontinentalExchange Inc. (ICE) agreed to acquire NYSE Euronext Inc. (NYX) for about $8.2 billion in December. The deal comes more than a year and a half after a failed hostile bid by ICE and Nasdaq OMX Group Inc. (NDAQ) for the Big Board.

A possible merger of CME and Deutsche Boerse would create a leading futures-market operator, and would face lesser regulatory resistance than the proposed deal between Deutsche Boerse and NYSE Euronext that was blocked by European regulators last year.

In Germany, Deutsche Boerse stock is trading at 49.01 euros, up 4.98%, on a volume of about 4.3 million shares.

CME Group is trading at $58.85, up 0.93%, on a volume of 0.6 million shares on the Nasdaq.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19