Tie-up between two of world’s biggest stock exchanges creates global powerhouse
NEW YORK — Germany’s Deutsche Boerse and NYSE Euronext said Tuesday they have struck a deal to combine two of the world’s biggest stock exchanges in a global trading powerhouse.
The new company, which has yet to be named and will be incorporated in Amsterdam, will be headed by NYSE Chief Executive Duncan Niederauer, with Deutsche Boerse Chief Executive Reto Francioni taking the post of chairman, the companies said.
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