Hong Kong Exchanges buys LME
- 12 years ago
Hong Kong Exchanges has made its first overseas takeover, buying the London Metal Exchange, the world's largest metals marketplace, for 1.7 billion euros.
HKE beat off a rival suitor, America's ICE, the second largest US futures market.
The deal will allow the LME to set up warehouses in China.
http://www.euronews.net/
HKE beat off a rival suitor, America's ICE, the second largest US futures market.
The deal will allow the LME to set up warehouses in China.
http://www.euronews.net/