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HKEx to buy London Metal Exchange, NRI family Bagris to get $205M

BY  TEAM VCC
Bagris are the third largest shareholders of LME, after JP Morgan and Goldman Sachs.

Hong Kong stock exchange has sealed a deal to acquire LME Holdings Limited, the parent company of the world’s largest non ferrous metal trading bourse London Metal Exchange, in a deal worth £1.38 billion ($2.18 billion). This would...

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