Under the terms of the deal, each NYSE Euronext share would be exchanged for 0.47 shares in the new company. Deutsche Boerse's shareholders would hold about 60 percent of the combined company while NYSE shareholders would own the rest. No official name has been given to the new group and officials of both exchanges were clear to deny published reports that they would opt for a name such as "Global Exchange." On Monday they also said that each of the new group's national exchanges, including those in Amsterdam, Brussels, and Lisbon, would keep their name in the local market.