However, they said that no agreement has been reached.
The new company would have dual headquarters in New York and Frankfurt.
Post merger, Deutsche Boerse shareholders would hold 59% to 60% of the combined company.
It is expected that Deutsche Borse and NYSE Euronext would combine their businesses in all-stock transaction under a new legal entity incorporated in the Netherlands.
If fully consummated, Deutsche Borse shareholders would hold approximately 59 to 60%, and NYSE Euronext shareholders would hold approximately 40 to 41%, of the combined company’s equity.
The combined group would have dual headquarters in New York and Frankfurt.
The chairman would be Reto Francioni, based in Frankfurt, and the CEO would be Duncan Niederauer, based in New York.
The new company would have an Executive Committee drawn equally from the current leadership of both companies, said NYSE Euronext.
NYSE Euronext and Deutsche Borse expect to be able to realize approximately EUR300m in cost synergies, principally from economies of scale in information technology, clearing operations, market operations and corporate center functions.
