Hong Kong Exchange to Buy London Metal Exchange for $2.1 Billion – NYTimes.com

Hong Kong Exchange to Buy London Metal Exchange for $2.1 Billion – NYTimes.com.

Nader Nazemi

LONDON — Hong Kong Exchanges and Clearing agreed on Friday to buy the London Metal Exchange for £1.38 billion ($2.14 billion), as the Asian bourse outbid several American rivals for control of the 135-year-old London firm.

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