By Nathan Allen

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.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

April 11, 2019 01:15 ET (05:15 GMT)

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