Deals
Exchange Mergers on Hold for Now, NYSE CEO Niederauer Tells CNBC
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Exchanges around the globe appear to be putting on hold plans to combine, NYSE Euronext Chief Executive Officer Duncan Niederauer, whose deal with Deutsche Boerse AG failed this year, said in an interview with CNBC.
“I still think ultimately the destiny for this industry is to have fewer globally integrated exchanges,” he told CNBC today. “That all appears to be on hold for the time being.”