Deals
NYSE Is in Advanced Talks to Buy the Chicago Stock Exchange
- CHX tried unsuccessfully to sell itself to China-based group
- Deal would follow NYSE’s purchase of another small market, NSX
Pedestrians walk near the NYSE
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
The New York Stock Exchange is in advanced talks to buy the Chicago Stock Exchange, potentially scooping up the smaller venue after its sale to another buyer collapsed, according to people familiar with the matter.
A deal valuing the Chicago Stock Exchange at $50 million to $100 million could be announced as soon as next week, said the people, who asked not to be identified because the matter isn’t public.