Stock exchanges Deutsche Boerse AG (DB1.XE) and NYSE Euronext (NYX) Wednesday said they expect cash flows of EUR1.5 billion annually through their planned merger to create the world's largest stock and derivatives trading platform.

The exchanges further reiterated they see at least EUR150 million in annual revenue synergies through their merger, as well as EUR400 million in cost savings.

In an investors' presentation published Wednesday, the exchanges outlined their latest progress in meetings with regulators in the U.S. and Europe who need to sign off on the merger. The exchanges further said they had created integration teams and project offices ahead of the merger, and continue to add details to their synergy plan.

South America, Eastern Europe--especially Russia--and Asia are all regions in which the two exchanges hope to expand, the companies said.

Deutsche Boerse and NYSE executives were speaking at an investors' conference in Frankfurt Wednesday as part of ongoing efforts to win shareholders' approval for the merger plans.

NYSE shareholders will vote on the merger proposal on July 7, and Deutsche Boerse shareholders have until July 13 to tender shares in a merged company.

-By William Launder, Dow Jones Newswires; +49(0)6929725515; william.launder@dowjones.com

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