Sunday, November 12, 2006
NYSE CEO says Euronext deal should close in first quarter 2007
Story NYSE, the New York listed stock exchange, expects its deal to buy Euronext to be completed in the first quarter of 2007, reported the New York Post.
The report, part of a story looking at Sarbanes-Oxley, cited chief executive John Thain as saying US and European regulators are near deciding who would oversee the combined markets and that the USD 10bn deal should be closed in the first quarter of 2007. Meanwhile, a report in the Los Angeles Times cited Thain as saying he is willing to do a deal with Borsa Italiana, the Italian stock exchange operator.
According to the report, Thain also said the NYSE would look to ink some type of deal with the Tokyo Stock Exchange.
Source New York Post, Los Angeles Times
The report, part of a story looking at Sarbanes-Oxley, cited chief executive John Thain as saying US and European regulators are near deciding who would oversee the combined markets and that the USD 10bn deal should be closed in the first quarter of 2007. Meanwhile, a report in the Los Angeles Times cited Thain as saying he is willing to do a deal with Borsa Italiana, the Italian stock exchange operator.
According to the report, Thain also said the NYSE would look to ink some type of deal with the Tokyo Stock Exchange.
Source New York Post, Los Angeles Times
