NYSE rejects takeover offer from Nasdaq

搜索关注在线英语听力室公众号：tingroom，领取免费英语资料大礼包。

    NYSE Euronext Chairman Jan Michiel Hessels said in a statement on Sunday that the Nasdaq-ICE' s 11.3-billion-dollar joint¹ bid based on the breakup of NYSE Euronext was not in the exchange operator' s best interests.

    "The highly conditional² break-up proposal from Nasdaq/ICE would also require shareholders³(股东投资者) to shoulder unacceptable execution risk," Hessels said.

    "Breaking up NYSE Euronext, burdening the pieces with high levels of debt, and destroying its invaluable⁴ human capital, would be a strategic mistake in terms of where the global markets are going, and is clearly not in the best interests of our shareholders," he added.

    Hessels confirmed the Deutsche Boerse deal would create more value for investors⁵.

    Meanwhile, Deutsche Boerse also said on Sunday that its planned acquisition of NYSE Euronext was on track after NYSE's board of directors unanimously rejected a counter offer by Nasdaqand ICE.

    According to the statement addressed by Deutsche Boerse, the company "shares the view of NYSE Euronext that the agreed merger⁷ will create compelling value for shareholders of both companies."Deutsche Boerse said it has commenced regulatory proceedings⁸ and made progress on its 9.5-billion-dollar deal to merge⁶ with NYSE. The deal was announced in February, 2011 and would make Deutsche Boerse shareholders to have 60 percent shares of NYSE.

    Nasdaq OMX and ICE on April 1 announced a joint bid to buy the NYSE Euronext, a 19 percent premium⁹ over previous offer by Germany's Deutsche Boerse.

    Nasdaq and ICE said in a statement that the offer would be priced at 42.50 dollars per share. According to the proposal, ICE would purchase NYSE's valuable derivatives¹⁰ business while Nasdaq would acquire its stock exchanges and options businesses.（本文由在线英语听力室整理编辑）

分享到：