DealBook: European Regulators to Review Deutsche Börse-NYSE Deal

U.P.S.'s $6.9 billion bid for TNT Express is the latest merger blocked by the European Union, and the most prominent since the proposed tie-up of NYSE Euronext and Deutsche Borse last year.

When the Deutsche Börse (the parent company of the Frankfurt Stock Exchange) made a bid to buy the NYSE Euronext in February, it was surprising, but not that newsworthy. A European company overseeing a US stock exchange? It’s already been done.

NYSE Euronext and Deutsche Borse of Germany said that they have called off their planned merger, after being notified that European antitrust regulators formally oppose the deal.

NYSE Euronext and Deutsche Börse officially ended their yearlong merger push, abandoning their agreement after the European Union on Wednesday blocked the deal.

NYSE Euronext and Deutsche Börse officially ended their yearlong merger push, abandoning their agreement after the European Union on Wednesday blocked the deal.

By Helix Investment Management:When a company announces that it is being bought, usually that is the end of a stock's run, since there is nothing left to drive any meaningful upside. There may be an opportunity for some merger arbitrage, but that is it. However, NYSE Euronext (NYX) is presenting investors with a unique opportunity.

The NYSE Euronext-Deutsche Borse tie-up cleared its first and easiest hurdle, a vote of the NYSE Euronext shareholders