wall_street_esterno_169x126_ap.jpg NYSE-Euronext, first transatlantic stock exchange, not yet born ¨ Ã already thinking to expand, starting with the Asian branches, but also leaves the doors still open at Piazza Affari. Â "We are always willing to expand the alliance - said the CEO of the Big Apple Stock Exchange, John Thain - and believe it is a good opportunity for growth. Wait to see what they decide to do, having regard to various ongoing projects, such as the IPOA. However, no meeting is planned soon.

Thain has issued statements on on the sidelines 'extraordinary meeting of shareholders of NYSE Group, which approved by an overwhelming majority the proposed merger with Euronext, the pan-European equity groups the streets of Paris, Amsterdam, Brussels and Lisbon. As announced by the NYSE, the Assembly, which was attended by shareholders representing over 75% of ordinary share capital, approved with 99.7% of votes for the plan on Tuesday that ¬ has already received the green light by the extraordinary shareholders of Euronext (for 98.2%). The last step before the merger, which should be completed by 2007, remains the go-ahead of supervisory boards of the four European centers participating in Euronext.

The plan of merger between NYSE and Euronext will create the first intercontinental stock market worldwide. Â "This is - Thain said - an historic day for the NYSE, which strengthens our position in markets world." The weight of the new market, which has already received a preliminary green light by the SEC and regulators from five countries in which Euronext, will be approximately 22.3 billion euros, while the aggregate value of listed companies on NYSE-Euronext will reach 21 thousand billion. According to preliminary agreements, Thain has agreed with their European counterparts to share 50% appointments in the board between European and American managers, while the original proposal included a preponderance of U.S. representatives from 12 to 10.

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