CME Group’s Acquisition of NEX Under Investigation by Regulator

[kreslik.news]

The acquisition of NEX Group (NEX) may be entering rocky territory. This Thursday, the Competition and Markets Authority (CMA) said that it was launching an investigation into the purchase of the financial services company byCME Group (CME).

Akin to the US Bureau of Competition, the CMA is supposed to ensure UK markets remain competitive. Today’s announcement indicates that it is at the start of a process that could seriously hamper CME’s acquisition plans.

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The CMA’s own rules mean that it is required to investigate any deals valued at ... (read more)