The European exchange operator reported a 9.8% drop in revenue for 2016
Euronext chief executive Stephane Boujnah
has said the exchange operator will keep its eyes peeled for
other acquisitions if it does not succeed in acquiring the
French clearing arm of the London Stock Exchange Group.
The European exchange group agreed to buy
the Paris-based LCH Clearnet SA for €510 million
($538 million) in January to pave the way for the merger
between Deutsche Boerse and the London Stock Exchange. Approval
for the merger is pending with the European Commission, which
recently delayed its decision deadline from March to April.
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