CME Group and NEX reach an agreement on the terms of acquisition


The boards of NEX Group plc (LON:NXG), CME London Limited and CME Group Inc. CME (NASDAQ:CME) have announced that they had reached an agreement on the terms of a recommended share and cash acquisition of the entire issued and to be issued share capital of NEX.

The Acquisition is to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 and is subject to the terms and conditions set out in the scheme document relating to the Acquisition.

NEX has announced that the Scheme Document is being sent, or made available, to NEX Scheme Shareholders today. The Scheme Document contains, amongst other things, a letter from the Chairman of NEX, the full terms and conditions of the Scheme and the Acquisition, an explanatory statement, notices convening the Scheme Court Meeting and the NEX General Meeting, an expected timetable of principal events and details of the actions to be taken by NEX Scheme Shareholders.

The Scheme Document is available here.

Related News

arrow

CME Group and NEX reach an agreement on the terms of acquisition

1

Send this to a friend