Cme Eyeing Pounds 5.5bn Takeover of Nymex

Daily MailJanuary 29, 2008

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Summary


CME Group, the world's largest futures exchange, is in talks to buy Nymex for more than Pounds 5.5bn.

CME, created in July last year by the merger of the Chicago Mercantile Exchange and the Chicago Board of Trade, is to pay $119.20 in cash and shares for every Nymex share, representing an 11pc premium to last week's closing price.

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Cme Eyeing Pounds 5.5bn Takeover of Nymex

If a deal is s...

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