Deutsche Boerse CEO says big M&A deal is not on the agenda

FILE PHOTO: Theodor Weimer, new CEO of German stock exchange Deutsche Boerse AG, smiles as he informs the media about the planned renovations at the trading floor of Frankfurt’s stock exchange in Frankfurt, Germany, January 29, 2018. REUTERS/Kai Pfaffenbach/File Photo

FRANKFURT (Reuters) – Deutsche Boerse is not planning a major merger or acquisition (M&A) at the moment, Chief Executive Officer Theodor Weimer said on Thursday.

M&A plays a significant role in the German exchange operator’s strategy, but “a big deal is not on the agenda,” Weimer told reporters.

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