CME Group Eliminated From LME Sale Process - Sources
22 Maggio 2012 - 1:20PM
Dow Jones News
CME Group Inc. (CME) has been eliminated from the sale process
to buy the London Metal Exchange, leaving just two bidders in the
frame to acquire the 135-year-old exchange, people familiar with
the matter told Dow Jones Newswires Tuesday.
Rival exchanges IntercontinentalExchange Inc. (ICE) and Hong
Kong Exchanges and Clearing Ltd. (0388.HK) are the final candidates
left in the running to buy the world's biggest metals trading
exchange, the people said. The LME eliminated NYSE Liffe, the
London-based derivatives arm of NYSE Euronext (NYX), from the sale
process May 11.
CME Group declined to comment. The LME declined to comment.
-By Andrea Hotter, Dow Jones Newswires; +44 (0)20 7842 9413;
andrea.hotter@dowjones.com
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