Bloomberg News

German Exchange Well Positioned, Pottmeyer Tells Boersen Zeitung

April 13, 2012

Deutsche Boerse AG (DB1), the Frankfurt Stock Exchange owner blocked in a bid to acquire NYSE Euronext, remains strong and well-positioned even without a partner, Chief Financial Officer Gregor Pottmeyer said in an e-mailed preview of an interview in Boersen Zeitung.

Pottmeyer added that he expects a pause in the consolidation of exchanges, with no major international stock exchange transactions probable in the next year or two, the newspaper said.

The German exchange is now concentrating on “accelerated organic growth” and any acquisitions will probably be small- scale ones that provide immediate value to the company, shareholders and customers, Boersen Zeitung cited the executive as saying.

Potential growth lies in products for unsecured and unregulated markets, in developing countries led by Asia, and in the expansion of technology services, Pottmeyer also told the newspaper.

To contact the reporter on this story: James Kraus in London at jkraus2@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net


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