HKEx gets FSA approval of LME acquisition

Nov 29, 2012 | 09:35 AM | Claire Hack

Tags  LME, Hong Kong Exchanges & Clearing, HKEx, Financial Services Authority, FSA approval, Claire Hack

LONDON — Hong Kong Exchanges & Clearing Ltd.’s (HKEx’s) acquisition of the London Metal Exchange has been formally approved by the U.K. Financial Services Authority (FSA).

This approval fulfills the first part of the conditions set out in the scheme document released July 9, about two weeks before the LME’s shareholders approved the deal.....

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