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|