Baltic Exchange Enters Exclusive Talks With Singapore Bourse SGX

  • London-based bourse to keep its head office in the city
  • Shipping bourse to retain ethos as ‘membership organization’

The Baltic Exchange Ltd., a London-based publisher of shipping rates that shape the cost of hauling everything from iron ore to oil, said it entered exclusive talks with Singapore Exchange Ltd. following an “attractive proposal” from the Asian bourse.

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