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By Agnieszka Troszkiewicz and Maria Kolesnikova, Bloomberg |
July 25, 2012
London Metal Exchange shareholders approved the $2.2 billion takeover offer from Hong Kong Exchanges & Clearing Ltd., ending a 10-month contest.
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By Stanley James and Agnieszka Troszkiewicz, Bloomberg |
June 15, 2012
Hong Kong Exchanges & Clearing Ltd., host to the world’s fifth-largest equity market, agreed to pay 1.39 billion pounds ($2.15 billion) for the London Metal Exchange, which handles more than 80 percent of global trade in industrial-metal futures.
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By Philip Burgert |
June 1, 2012
Metals auction
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By Philip Burgert |
May 22, 2012
The London Metal Exchange on Tuesday said it had narrowed discussion on a potential takeover acquisition to two bidders and sources close to the process said CME Group was the latest bidder to be eliminated.
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By Eleni Himaras, Bloomberg |
May 17, 2012
Hong Kong Exchanges & Clearing Ltd. should lose government protections against competition if it begins commodities trading, Hong Kong Mercantile Exchange Chief Operating Officer William Barkshire said.
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By Agnieszka Troszkiewicz, Bloomberg |
May 8, 2012
The London Metal Exchange, the world’s biggest metals bourse, received multiple proposals that may lead to a takeover.
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By Philip Burgert |
April 25, 2012
The London Metal Exchange said Tuesday that BOCI Global Commodities (UK) Ltd. has been approved for category two associate broker clearing membership and will become the first Chinese member of the exchange.
