Atticus/Deutsche Boerse: Stir it up

Atticus Capital’s stirring up the pot again. Having failed to get Euronext and Deutsche Boerse to do a deal, the US hedge fund is now rattling the German exchange’s piggy bank. Atticus’s efforts could even pave the way for Deutsche Boerse to get back on the M&A horse. Atticus isn’t impressed with the E125m of share buybacks the Germans are promising in addition to its old E1.7bn capital return programme, which ends in May. Atticus’s head honcho Timothy Barakett wants Deutsche Boerse to create a...