Feeds

Euronext confirms bid from NYSE

And one from Deutsche Bourse

Top 5 reasons to deploy VMware with Tegile

Euronext confirmed it is looking at offers from both the German stock exchange and the New York Stock Exchange.

The directors of Euronext, the pan-European share and derivatives exchange, are meeting this afternoon to consider the offers. They will then be discussed by shareholders at the company's AGM tomorrow.

The NYSE outlined its proposals in an open letter to Euronext directors. It said the merged firm would be the "world's premier listing venue" with total market value of $27 trillion - nearly three times that of the next largest marketplace.

The two firms would have a combined market cap of $21bn. The proposal calls for a board made up of 11 directors from NYSE and nine from Euronext, chaired by Euronext's current chairman Jan-Michiel Hessels. Senior management will come equally from both companies.

Each Euronext shareholder will be entitled to 0.98 of a share in the newly-created firm, to be named NYSE Euronext, and €21.32 in cash.

Read the whole NYSE statement here. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.