Nasdaq-EEX Deal Hits Snag: Reportedly Risks Full-Scale Investigation By EU Antitrust Regulators
Portfolio Pulse from Lekha Gupta
Nasdaq, Inc. (NDAQ) and The European Energy Exchange (EEX) deal faces potential full-scale investigation by EU antitrust regulators unless EEX enhances its competition remedies. The deal involves EEX acquiring Nasdaq's European power trading and clearing business. The EU competition enforcer is expected to open a full-scale investigation after June 26 if remedies are not strengthened. Investors can gain exposure to Nasdaq via IShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and Natixis Vaughan Nelson Mid Cap ETF (VNMC).
June 03, 2024 | 5:54 pm
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NEGATIVE IMPACT
IShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) may see minor negative impact due to Nasdaq's potential regulatory hurdles in its deal with EEX.
As IAI holds Nasdaq shares, the potential regulatory hurdles faced by Nasdaq could have a minor negative impact on the ETF's performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Nasdaq's deal with EEX faces potential full-scale investigation by EU antitrust regulators unless EEX enhances its competition remedies. This could delay or complicate the acquisition process.
The potential full-scale investigation by EU antitrust regulators could delay or complicate the acquisition process, negatively impacting Nasdaq's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Natixis Vaughan Nelson Mid Cap ETF (VNMC) may experience minor negative impact due to Nasdaq's potential regulatory challenges in its deal with EEX.
As VNMC holds Nasdaq shares, the potential regulatory challenges faced by Nasdaq could have a minor negative impact on the ETF's performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50