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NYSE Group takes stake in MCX

Name: NYSE Group takes stake in MCX
Uploaded: 2008-02-15T00:00:00.000+05:30
Channel: BS Web Team
Description: NYSE Euronext, the world's leading and most diverse financial market group, has signed a binding term sheet to acquire a 5% equity position in Multi Commodity Exchange (MCX).Closing of the transaction is expected to take place during the first half of 2008, subject to all relevant regulatory approvals.

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Last Updated : Feb 15 2008 | 12:00 AM IST

NYSE Euronext, the world's leading and most diverse financial market group, has signed a binding term sheet to acquire a 5% equity position in Multi Commodity Exchange (MCX).Closing of the transaction is expected to take place during the first half of 2008, subject to all relevant regulatory approvals.

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NYSE Group takes stake in MCX

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