LME gets UK court approval for HKEx takeover

LONDON Wed Dec 5, 2012 6:49am EST

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LONDON Dec 5 (Reuters) - The London Metal Exchange (LME) said on Wednesday Britain's High Court had approved its $2.2 billion takeover by Hong Kong Exchanges and Clearing.

The LME said in a statement the transaction was expected to become effective on Thursday. (Reporting by Eric Onstad; Editing by Alison Birrane)