Deutsche Boerse in Talks with Refinitiv Over Forex Units
April 11 2019 - 01:30AM
Dow Jones News
By Nathan Allen
Deutsche Boerse AG (DB1.XE) said Thursday that it is in concrete
talks with Refinitiv--formerly the financial-and-risk arm of
Thomson Reuters--to buy some of its foreign-exchange
businesses.
Deutsche Boerse said negotiations are ongoing, but it didn't
specify which units it is pursuing or mention a potential deal
value.
The company said media reports of a $3.5 billion price tag and
the imminent signing of binding contracts are unfounded.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 11, 2019 01:15 ET (05:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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