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SGX enters exclusive talks to buy London's Baltic Exchange

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The Baltic Exchange produces daily benchmark rates and indices used globally to trade and settle freight contracts, as well as data used in freight derivatives.

Singapore

THE Singapore Exchange (SGX) has emerged as the leading bidder for London's Baltic Exchange.

In a statement on Wednesday, it said it has entered into exclusive talks to buy the maritime information provider, with the period of exclusivity lasting till June 30.

The...

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