| Hong Kong Exchanges and Clearing Ltd is in talks with banks for a loan to help it finance an offer for the London Metal Exchange, sources told Reuters, a sign that the world's most valuable bourse is aggressively pushing ahead with a bid.
The holding company for the Hong Kong stock exchange, known as HKEx, could be looking for as much as $3 billion in its first acquisition loan to back a bid for the 135-year old commodities exchange, said one source with direct knowledge of the matter...............................................Full Article: Source
|