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SGX formal offer for Baltic Exchange could be in soon

BT understands that any such offer by SGX would be submitted by end-August

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Published Wed, Aug 3, 2016 · 09:50 PM

    Singapore

    THE Singapore Exchange (SGX) is reportedly preparing a formal offer to buy London's Baltic Exchange and The Business Times understands that any formal offer by SGX would be submitted by Aug 31.

    This latest development follows months of discussions that resulted in exclusive talks between both parties, according to a Reuters report on Wednesday Singapore time that cited "sources familiar with the matter".

    Baltic Exchange

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