NYSE Euronext and Deutsche Boerse Merger Spells Promising Margin Outlook

NYSE Euronext NYX and Deutsche Boerse AG of Germany recently announced a merger that will create the world's largest financial exchange. NYSE is the world's largest stock exchange in the world by market capitalization of its listed companies and Deutsche Boerse AG is the largest stock exchange operator in Germany. NYSE Euronext's main competitors are Nasdaq OMX NDAQ and CME Group CME. We have a price estimate of $34.77 for NYSE Euronext's stock, which stands below market price. The new company emerging out of the merger of NYSE Euronext and Deutsche Boerse will likely be incorporated in the Netherlands. Deutsche Boerse shareholders will hold approximately 60% and NYSE Euronext shareholders would hold approximately 40% of the combined company's equity. Continue reading the article.
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