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LONDON, May 24 (Reuters) - A fast track into China could be the deciding factor in the race to win backing from shareholders in the London Metal Exchange, making Hong Kong Exchanges and Clearing's bid enticing. The London exchange has long ...
May 24, 2012 at 09:02 | Source: Reuters
CME Group, the world’s largest futures exchange by value, has been knocked out of the running to acquire the London Metal Exchange after bidding £1.05bn ($1.65bn). The move to eliminate CME, which followed a meeting of the LME’s board on Friday, has ...
May 22, 2012 at 16:00 | Source: Financial Times
LONDON – CME Group Inc. (CME) has been eliminated from the sale process to buy the London Metal Exchange after being given more time to come up with a higher priced offer, leaving just two bidders in the frame to acquire the 135-year-old ...
May 22, 2012 at 11:21 | Source: FOXBusiness
LONDON/NEW YORK, May 18 (Reuters) - A 1.2 billion pound ($1.9 billion) bid from Hong Kong for the London Metal Exchange could be hard to beat on price and carried assurances about maintaining the LME's 135-year-old traditions, sources familiar ...
May 18, 2012 at 14:32 | Source: Reuters
The three remaining contenders to acquire the London Metal Exchange have all valued it at more than £1bn and promised to preserve its open outcry trading pit, setting the scene for a close-run contest as they attempt to snatch control of the historic bourse.
May 17, 2012 at 21:42 | Source: Financial Times
LONDON May 22 (Reuters) - U.S. exchange group CME is no longer in the bidding for London Metal Exchange, leaving InterContinental Exchange and Hong Kong Exchanges and Clearing Ltd (HKEx) still in the race. The LME, the world's largest metals ...
May 22, 2012 at 12:54 | Source: Reuters UK
SHANGHAI (Reuters) - London copper futures rose for a third straight day on Tuesday, supported by hopes top consumer China is exerting efforts to reinvigorate its economy, helping the metal recover some ground after losing more than 7 percent so ...
May 22, 2012 at 02:24 | Source: msnbc.com
Hong Kong Exchanges and Clearing (0388) is one step closer to buying London Metal Exchange as another strong bidder of the British platform was eliminated yesterday. Chicago-based CME Group is no longer in the running for the 135-year- old exchange ...
May 22, 2012 at 21:22 | Source: Hong Kong Standard
A special committee set up to evaluate binding offers to buy the London Metal Exchange will this week sift through bids in the hope that one knock-out deal stands out. That’s because the 135-year old exchange has embarked on a process from ...
May 8, 2012 at 13:03 | Source: Wall Street Journal
London Metal Exchange official three-month steel billet prices tumbled to just above $400 per tonne on Thursday May 24, dropping to $400/410 per tonne from $445/455 on May 23. A total of 500 lots of LME billet traded on May 23, down from..
May 24, 2012 at 18:28 | Source: Metalbulletin