Ad-hoc | 27 July 2006 16:25
Deutsche Börse AG: Man Group acquires majority of U.S. Futures Exchange from Eurex
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Man Group USA Inc. (Man Group) and U.S. Exchange Holdings Inc., an
affiliate of Deutsche Börse AG, have entered into a transaction. Man Group
will purchase 70 percent of U.S. Exchange Holdings Inc.’s shares in U.S.
Futures Exchange L.L.C. (USFE – formerly Eurex US) for a purchase price of
USD 23.2 million in cash and in addition make a capital injection of USD 35
million into USFE. Deutsche Börse Systems AG will continue to operate the
trading platform and corresponding communications network for USFE. USFE
will offer new products targeted at buy-side customers such as hedge funds
and retail investors. U.S. Exchange Holdings Inc. will retain a stake of
approximately 30 percent in USFE.
Contact:
Man Group plc
David Browne
+44 20 7144 1000
Eurex AG
Candice Adam
+44 7920 494 911
(c)DGAP 27.07.2006
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Language: English
Issuer: Deutsche Börse AG
Neue Börsenstraße 1
60487 Frankfurt am Main Deutschland
Phone: +49 (0)69 211 – 0
Fax: +49 (0)69 211 – 1 20 0
E-mail: info@deutsche-boerse.com
WWW: www.deutsche-boerse.com
ISIN: DE0005810055
WKN: 581005
Indices: DAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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