CME Group Secures Final Regulatory Approval Needed to Complete NEX Takover

[kreslik.news]

CME Group has now received all of the regulatory approvals necessary to complete its estimated $5.5 billion takeover of Michael Spencer’s NEX Group Plc. In a joint statement today, the company’s confirmed that they have now received approval from the UK Competition and Markets Authority (CMA) for the acquisition.

With the final approval secured, the world’s largest derivatives exchange is closer than ever to securing a new source of revenue. Already, CME Group has six approvals from regulators in the United States, Germany, Italy, and Sweden. Just this month, CME Group secured approval from the US Department of ... ([url=https://www.financemagnates.com/institutional-forex/exchanges/cme-group-secures-final-regulatory-approval-needed-to-complete-nex-takover/]read more)