International Law Office

Deals

Hong Kong Exchanges and Clearing Ltd to acquire London Metal Exchange Ltd

Hong Kong Exchanges and Clearing Ltd (HKEx) has entered into an agreement to acquire London Metal Exchange Ltd. According to the terms of the transaction, HKEx will acquire 12.9 million shares for £107.60 per share, amounting to a cash consideration of £1.388 billion.

Value: $2.1 billion
Announced: June 15 2012

Parties involved Legal advisers
Hong Kong Exchanges and Clearing Ltd Allen & Overy LLP
London Metal Exchange Ltd Freshfields Bruckhaus Deringer LLP , Jones Day