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One of the hottest deals for the London financial industry is expected to conclude in the second half of the year. We are referring to the acquisition of NEX Group by the Chicago-based CME Group.
The CME has established a new corporate entity called CME London Limited which will be executing the bid for the company after the boards of NEX Group, CME London Limited and the CME Group have previously announced that they reached an agreement on the terms of the deal.
The Scheme Document which details the different phases of the acquisition has been sent to shareholders of the London-headquartered ... (read more)