FCA approves Singapore Exchange's takeover of London's Baltic Exchange

FCA approves Singapore Exchange's takeover of London's Baltic Exchange
 

Britain's Financial Conduct Authority (FCA) has approved Singapore Exchange's 87 million pound takeover of London's Baltic Exchange after shareholders gave the green light for the deal last month, the Baltic said on Wednesday.
The privately owned Baltic Exchange said the FCA gave its regulatory approval on Oct. 13, clearing the way for the final stages of the deal.
(Reporting by Jonathan Saul; editing by David Clarke)
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19 October 2016 in Business, Views: 42
Source: Reuters
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