Hong Kong Exchanges Wins Approval for $2.2 Billion LME Takeover

Hong Kong Exchanges Wins Approval for $2.2 Billion LME Takeover

Jason Alden/Bloomberg

The LME backed the Hong Kong Exchanges’ offer of 1.39 billion pounds for the LME on June 15 after offers from rivals CME Group Inc., Intercontinental Exchange Inc. and NYSE Euronext.