Mon, Oct 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodities Exchanges more

HKEX’s long term commodities play

Posted on 27 November 2012

The Hong Kong Exchanges and Clearing’s (HKEx’s) recent £1.4bn purchase of the member owned London Metal Exchange (LME) certainly raised a few eyebrows. At 180 times trailing net income, it ranked as the most expensive of any bourse deal above $1bn since 2000, according to data compiled by Bloomberg.
However, the HKEx has no doubts that it was the right move. In one fell swoop this staid domestic player has been catapulted into the global league of exchanges. What now?……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37533 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031