| Hong Kong Exchanges & Clearing has reportedly bid for the London Metal Exchange in an attempt to diversify into commodities trading. The bourse had put in a "high bid", the South China Morning Post reported. No bid price was disclosed.
The LME, which handles about 80 per cent of global trade in metals futures, has a "good number of bids" to consider for a possible take-over when the board meets on Feb 23, spokesman Chris Evans said at the weekend...............................................Full Article: Source
|