Unfortunately each of its attempts has ended in failure. This November, Deutsche Börse finally threw in the towel in its long-fought battle to merge with pan-European rival Euronext, which had already agreed to merge with the New York Stock Exchange.
The decision came not long after it became clear that Borsa Italiana would rather join the transatlantic alliance than form any kind of link-up with the Germans.
Rather than give up, though, Deutsche Börse continues to search for some kind of deals and alliances.
Quickly bouncing back from its Euronext defeat the exchange thumbed its nose at its old friends by announcing within days a cooperation agreement with... Financial Center Almaty.
“Kazakhstan is an interesting up-and-coming market, and we will be strengthening Deutsche Börse’s position as a listing location for Russian and central Asian companies,” said Rainer Riess, managing director of stock market business development.
Euronext, the NYSE and Borsa Italiana must be kicking themselves.