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tripn

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tripn

Re: None

Saturday, 06/16/2012 9:20:59 AM

Saturday, June 16, 2012 9:20:59 AM

Post# of 36653
The Hong Kong Exchanges and Clearing agreed on Friday (6/15) to buy the London Metal Exchange for £1.38 billion, or $2.14 billion. The acquisition could provide a windfall for JPMorgan Chase and Goldman Sachs, which collectively own a 20.4 percent stake in the London-based exchange.

Could Silver possibly nudge up? China seems to be on fire buying everything from Gold to Metal Exchanges out bidding other rivals.
Stay tuned...


Source:
http://dealbook.nytimes.com/2012/06/15/hong-kong-exchange-to-buy-london-metal-exchange-for-2-1-billion/
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