Deutsche Börse completes Eurex takeover

First Published 1st May 2012

Acquisition of SIX Swiss Exchange's 50-percent share closed


Deutsche Börse Group has completed its full acquisition of Eurex Zürich AG. Representatives of SIX Swiss Exchange/SIX Group AG and Deutsche Börse AG jointly finalized the transaction in Zurich and signed the corresponding closing documents. Deutsche Börse is to pay 295 million euros and transfer approx. 5.3 million Deutsche Börse AG shares to the SIX Group. This gives the SIX Group a stake of around 2.7 percent in Deutsche Börse AG. In return, Deutsche Börse has acquired the SIX Group's share in the Eurex Group, the derivatives market provider that was previously under joint operation. The transaction was agreed on 7 June 2011.

Retroactive as of 1 January 2012, Deutsche Börse Group will receive all Eurex Group profits as sole shareholder of Eurex Zürich AG. Deutsche Börse Group previously received 85 percent of Eurex Group's profits. Deutsche Börse Group is fully acquiring all subsidiaries and shareholdings of Eurex Group, including International Securities Exchange Holdings (ISE), Inc., as well as the stakes in Direct Edge Holdings, LLC and the European Energy Exchange AG. Moreover, it is acquiring all Eurex software and trademark rights. Eurex's Swiss markets will continue to be operated by Eurex Zürich AG.

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