Australian regulator okays Singapore bourse merger (AFP)

Posted by Yahoo! News: Stock Markets News on December 15th, 2010

Granite facade of the Australian Stock Exchange (ASX) in Sydney is seen in this file photo. Australia's competition watchdog on Wednesday said it would not oppose a proposed 8.3 billion US dollar merger between the Australian and Singapore stock exchanges.(AFP/File/Torsten Blackwood)AFP – Australia’s competition watchdog said it will not oppose an 8.3 billion US dollar merger between the Australian and Singapore stock exchanges to create the world’s fifth biggest bourse.


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