Deutsche Boerse’s EEX Acquires 100% of US Commodity Exchange Nodal

[kreslik.news]

The European Energy Exchange (EEX), a part of Deutsche Börse Group, confirmed today that it has purchased all shares of the US futures exchange Nodal Exchange Holdings. By acquiring a full control on the Virginia-headquartered exchange, EEX hopes to further promote Deutsche Börse Group’s North America strategy.

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The EEX said earlier that the overall purchase price was in the low “three digit million dollar range” and the transaction would be completed in the second quarter. All necessary regulatory approvals  were satisfied recently including the final approval of the ... (read more)