Two Chinese bidders for CSE said to have pulled out

Washington

TWO of the three China-based bidders for the Chicago Stock Exchange (CSE) have withdrawn from the group trying to acquire the market, said a person familiar with the matter.

Chongqing Jintian Industrial Co and Chongqing Longshang Decoration Co are pulling out of the deal, according to the person, who asked not to be identified discussing private negotiations. That leaves Chongqing Casin Enterprise Group plus several US entities in the buyer's group.