NYSE Euronext (NYSE:NYX) today announced that it has been notified that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the combination transaction with Deutsche Boerse AG (XETRA: DB1) without objection to the transaction going forward.
“Today marks further progress in our efforts to create a global exchange leader,” said Duncan L. Niederauer, ceo of NYSE Euronext. “We are continuing to work with regulatory authorities to achieve the remaining approvals and deliver this compelling combination to shareholders, clients and partners.”
The conclusion of the CFIUS review satisfies one of the combination transaction conditions. Completion of the transaction is subject to other relevant competition and financial, securities and other regulatory authorities in the U.S. and Europe. NYSE Euronext and Deutsche Boerse each received approval from their respective shareholders regarding the combination agreement in July 2011.
