The bidding war between SS&C Technologies and FNZ Group for GBST Holdings Ltd. has taken a dramatic turn as an authority of the Australian government, the Takeovers Panel, rejected FNZ’s formal request to have the panel investigate GBST’s decision to move ahead with SS&C. Based in Melbourne, the Takeovers Panel is a peer review body… Read More >>
CME Group to Buy NEX Group for $5.5 Billion
Derivatives exchange operator CME Group Inc. is set to acquire NEX Group plc for an estimated $5.5 billion and, if all goes well, the combined provider of transaction processing across futures, cash and over-the-counter (OTC) instruments will be able to offer many post-trade capabilities beyond clearing services. The CME Group encompasses: CME Clearing; the Chicago… Read More >>
