Bloomberg (February 26)
2013/ 02/ 28 by jd in Global News
CME Group Inc. (CME) no longer owns the world’s most valuable exchange. “Hong Kong Exchanges & Clearing Ltd. overtook CME as the world’s largest exchange operator by market value in December as the Chinese company completed its $2.2 billion takeover of the London Metal Exchange. The Hong Kong bourse is the largest in the industry with a capitalization of $20.8 billion.” That could change, however, as CME has been putting out feelers about acquiring Deutsche Boerse. Any proposal would likely face stiff anti-trust and political opposition.
Tags: Anti-trust, Capitalization, CME, Deutsche Boerse, Hong Kong Exchanges & Clearing, LME
