FSA approves HKEx’s acquisition of control over the LME

The board of Hong Kong Exchanges and Clearing Limited (HKEx) has announced that the Financial Services Authority of the United Kingdom (FSA) has approved HKEx’s acquisition of control over The London Metal Exchange Limited (LME) through its indirect wholly-owned subsidiary, HKEx Investment (UK) Limited, by way of a scheme of arrangement and a capital reduction under the United Kingdom’s Companies Act. Following the FSA’s approval, the hearing of the petition to the High Court of England a

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