Deals
Deutsche Boerse Fights NYSE Bid Ban to Protect Future Deals
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Deutsche Boerse AG is fighting for its right to make future acquisitions after the European Union blocked its merger with NYSE Euronext, which would have created the world’s biggest exchange, lawyers told an EU appeals court.
The European Commission’s 2012 decision to veto the deal was “wrong”, Deutsche Boerse lawyers said at a hearing at the EU’s General Court today in Luxembourg.