Deutsche Boerse, Refinitiv in forex-unit talks


Deutsche Boerse AG (DB1.XE) said Thursday that it is in concrete talks with Refinitiv–formerly the financial-and-risk arm of Thomson Reuters–to buy some of its foreign-exchange businesses.

Deutsche Boerse said negotiations are ongoing, but it didn’t specify which units it is pursuing or mention a potential deal value.

The company said media reports of a $3.5 billion price tag and the imminent signing of binding contracts are unfounded.

Source : MTV