Oct 26, 2010
Singapore Moves to Restructure Asia's Stock Exchange Model With Australia Merger
Singapore Exchange Ltd. (SGX) announced yesterday (Monday) it agreed to buy Australia's main stock exchange, ASX Ltd., for $8.3 billion. The deal came about because both countries seek strength against growing Asian market competition, and Singapore strives to be a more sophisticated global financial center.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment