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NXG Nex Group

1,129.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nex Group LSE:NXG London Ordinary Share GB00BZ02MH16 ORD 17.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,129.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

CME Group Gets DOJ Antitrust Clearance for NEX Acquisition

12/10/2018 8:04pm

Dow Jones News


Nex Group (LSE:NXG)
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From Jul 2019 to Jul 2024

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By Michael Dabaie

 

CME Group (CME) said Friday it received clearance from the U.S. Justice Department's antitrust division for its proposed acquisition of NEX Group PLC (NXG.LN)

Security and commodity exchange company CME in March agreed to buy U.K. financial-technology company NEX for about $5.4 billion.

CME said it has also received relevant regulatory approvals from the Financial Conduct Authority and regulators in the U.S., Germany, Italy and Sweden, and have made requisite pre-notifications in Hong Kong. The deal remains subject to closing conditions, including U.K. Competition and Markets Authority clearance and the sanctioning of the transaction by the U.K. Court. The deal is still expected to close by the end of the year.

CME shares were recently down about 1% to $174.40. The stock is up about 27% in the last year.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

October 12, 2018 14:49 ET (18:49 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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