DEUTSCHE BÖRSE, BOMBAY EXCHANGE TO COLLABORATE ON LISTINGS

Posted November 11, 2008

FRANKFURT – The Deutsche Börse and the Bombay Stock Exchange (BSE) have reached an agreement to collaborate on stock exchange listings. Under the agreement, the BSE will provide its local companies seeking listings in Europe with information and advice, and help them prepare for an IPO on the Deutsche Börse.

“The cooperation agreement governing joint listing activities between Deutsche Börse and the Bombay Stock Exchange is a further step in our long-term commitment to working together with the BSE,” says Rainer Riess, Managing Director of Cash Market Development at Deutsche Börse. “Through this, Deutsche Börse is continuing to expand its activities in India in order to reinforce its existing business relationships and seize new opportunities.”

The Deutsche Börse and the BSE first partnered last year to collaborate on joint business activities in their respective markets, with the Deutsche Börse taking a 5 percent stake in the BSE. They plan to collaborate on internationalization of the German and Indian financial markets, thereby opening them both to international investors and companies alike.