NYSE Group takes stake in MCX
NYSE Group takes stake in MCX
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.