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CEE Exchange “Open to Merger of Equal”

Published: March 13, 2012; 19:17 · (Vindobona)

The CEE Stock Exchange Group, which includes bourses in Vienna, Budapest, Prague and Ljubljana, said it’s open to holding “merger of equals” talks with the Warsaw Stock Exchange (GPW), its biggest rival.

CEE Exchange “Open to Merger of Equal” / Picture: © Vindobona.org

“We would be open to doing something with Warsaw though they see us a competitor,” Michael Buhl, the Vienna bourse’s co-chief executive officer said in an interview in London. “We would be interested in a stronger cooperation up to a possible merger. A merger of equals ultimately would make sense,” he added.

The two exchanges are vying for influence in the region.…

This article includes a total of 168 words.

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