Offer values the London-based company at 57 times profit
Singapore Exchange has agreed a £77.6m deal for the
Baltic Exchange and will now seek shareholder support for the
SGX entered into exclusive talks with the Baltic Exchange of
25 May, ending speculation that CME would make a rival bid for
the London-based shipping exchange.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.