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LME gets UK court approval for HKEx takeover
December 5, 2012 / 11:52 AM / 5 years ago

LME gets UK court approval for HKEx takeover

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)

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