22 November 2017
visit www.avoka.com

Nyse Euronext and CME Group make LME bids - Bloomberg

17 February 2012  |  5017 views  |  0 Buy Road sign

Nyse Euronext and CME Group have both submitted bids for the London Metals Exchange (LME), according to Bloomberg.

In September the 130-year-old LME revealed it had received several expressions of interest and began a formal process to look at its options.

A deadline for bids was set for 15 February and both Nyse Euronext and CME Group have thrown their hats into the ring, says Bloomberg, citing sources.

According to the Financial Times, another suitor is IntercontinentalExchange but Deutsche Börse has decided not to enter the running and the London Stock Exchange is "unlikely" to bid. The LME board will now meet on 23 February to consider offers.

CME Said to Bid for London Metal Exchange, May Compete With NYSE Euronext - Bloomberg

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit https://www.niceactimize.comvisit www.atos.net

Top topics

Most viewed Most shared
Ripple boss predicts central bank adoption of blockchainRipple boss predicts central bank adoption...
20280 views comments | 32 tweets | 35 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
12167 views comments | 15 tweets | 42 linkedin
UK cryptocurrency exchange startup launches debit card for spending bitcoinUK cryptocurrency exchange startup launche...
9822 views comments | 26 tweets | 38 linkedin
Barclays warns of unprecedented online fraud this ChristmasBarclays warns of unprecedented online fra...
9723 views comments | 16 tweets | 33 linkedin
Sepa instant payments goes liveSepa instant payments goes live
8064 views comments | 41 tweets | 71 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job