NYSE Euronext and Deutsche Boerse said they would shed overlapping European derivatives businesses and open up clearing services to derivatives rivals, in a bid to win European regulators’ approval of their $10.1 billion merger.
The proposals came Thursday evening, as the two operators of exchange, clearing and market technology businesses met a deadline to propose remedies to antitrust concerns raised by the European Commission’s Directorate-General for Competition (DG Competition).
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