FO Week has learned that Chicago Board Options
Exchange (CBOE) has hired Goldman Sachs for investment banking
services, marking another step toward a demutualisation for the
In January, CBOE formed a committee to examine the issue of
transforming the exchange into a for-profit company (see FO
Week Vol 10 No 2). While no formal proposals have been
issued to the board of directors, bringing Goldman Sachs in was
considered a move in that direction by observers.
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