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EEX acquires 100% of Cleartrade Exchange

Posted on 15 April 2016

The European Energy Exchange (EEX), the leading energy exchange in Europe, part of Deutsche Börse Group, will acquire the remaining shares in the Singapore-based Cleartrade Exchange (CLTX) from Freight Investor Holdings. The transaction will take effect as of 15th April 2016.
With this transaction, EEX further strengthens its commitment to become a global commodity exchange developing new asset classes and geographies, whilst continuing growth of its core markets. “With this transaction we are taking a further important step towards the expansion of EEX Group beyond Europe and beyond the energy sector”, explains Peter Reitz, Chief Executive Officer of EEX………………………………………..Full Article: Source


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