Tag: CME takeover of NEX

CME Group completes acquisition of NEX Group
March 16, 2018 BY LeapRate Staff

CME confirms 'preliminary approach' to NEX, shares soar 31%

Shares of London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) were sent soaring by more than 30% on Friday, after the company confirmed last night that it was indeed the subject of an acquisition approach by US rival CME Group Inc (NASDAQ:CME). CME's own shares didn't react much, trading up 0.6% in…

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CME Group completes acquisition of NEX Group
March 16, 2018 BY LeapRate Staff

NEX Group confirms CME takeover talks, discussions at an 'early stage'

London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) issued a press release late Thursday entitled Statement re press speculation, confirming that it has received a preliminary approach by US rival CME Group Inc (NASDAQ:CME) regarding a potential acquisition of NEX by CME. NEX issued the statement after a number of US…

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