Deutsche Boerse Failed Merger Costs EU113 Million, Boersen Says

Deutsche Boerse AG (DB1)’s failed merger with NYSE Euronext (NYX) is costing the German company about 113 million euros ($148 million), Boersen-Zeitung said, citing company documents.

In 2011 Deutsche Boerse booked 83 million euros in costs tied to the merger and the company expects to book a further 30 million euros this year, the German newspaper said.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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