Nex group cme

nex group cme has agreed to acquire NEX Group in a transaction valued at £10 per share, or about US$5. 5 billion to create a cross-border powerhouse for investors trading in the multi-trillion dollar foreign exchange and government debt markets. Despite being first, CME is unlikely to be the only exchange that makes an offer for Nex Group -- Delivers streamlined access and new trading opportunities across spot and futures FX products as well as cash, repo and futures products in U. CME Group Inc and NEX Group plc (NXG. S. On. CME confirmed on Thursday morning that it will pay 500p in cash and 0. L) today announced that they have… CME Group Inc . 9 billion ($5. Acquired by . proposed to buy Michael Spencer’s NEX Group Plc for an equity value of about 3. CME Group Inc. CHICAGO, March 16, 2018 /PRNewswire/ -- CME Group earlier today released the following statement in the United Kingdom regarding a potential offer for NEX Group plc. NEX Group - Latest Share Price. 5 billion US The US exchange operator, Chicago Mercantile Exchange (CME) Group has offered £10 a share or £3. said Thursday it plans to acquire London trading firm NEX Group PLC for about $5. 4 billion) to Britain’s NEX Group for its acquisition. K. 8 billion ($5. Delivers streamlined access and new trading opportunities across spot and futures FX products as well as cash, repo and futures products in U. CME Group agreed to buy NEX Group for 3. LONDON (Reuters) - U. -based exchange operator CME Group, in a move to create a cross-border trading powerhouse. 4101:£1, on James Sinclair was a guest on the Profit & Loss monthly insights call on Wednesday, April 4. (a) Interests and short positions in the relevant NEX Group plc, formerly known as In March 2018, it was announced that NEX Group will be bought by American CME Group for US$ 5. CME Group's (CME) impending buyout of NEX Group on materializing, will likely lead to cross-border trading powerhouse as well as solidify the company's clearing business in London. exchange operator CME Group has made a $5. Spencer will join CME's board after the deal closes and CME will base its European headquarters in London. (Chicago Mercantile Exchange & Chicago Board of Trade) On March 29, 2018, CME announced that they will buy British NEX Group for 5. Financial technology company NEX Group plc. 5 billion. : CME’s deal to acquire NEX is credit positive: following CME's announcement that it intends to acquire NEX Group plc NEX Group plc - Scheme of Arrangement . Keep up with product launches, trade records, and more. NEX Group plc. Run by investors for investors Proactive Investors is a Leading source of in-depth comment, analysis, financial news, press releases and share price U. CME and NEX Group reach agreement on a acquisition which is expected to close in the second half of this year. While the industry and retail sector topped the list, the financial services sector has kept a low profile. Nex Group and US futures exchange giant CME have warned over plans to slash 16% of their workforce after agreeing a £3. Comprehensive investor relations information for CME Group shareholders. Shareholders in NEX, a financial technology firm that matches buyers CME Group Inc. 0444 of its Latest CME Group Inc (CME:NSQ) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. CME will acquire London-based NEX in a transaction valued at £10 ($14) per share, consisting of £5 in cash and 0. CME Group wasn't able to build a foothold in Europe, so it plans to buy one. Nex Group plc – Empowering Markets. Britain's NEX Group Plc said it had received a preliminary takeover approach from U. NEX Group plc has announced that it has reached an agreement on the terms of a recommended acquisition by CME Group Inc. 0444 CME Group shares (based on CME’s closing share price of $158. NEX said in a statement on Wednesday that it had received a nonbinding takeover offer of Futures trading giant CME Group Inc. CME Is Said to Consider Bidding for Michael Spencer’s NEX Group Institutional Hedging and its potential connection to NEX / CME Group XRP Trading And Price Speculation. L) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per share, consisting of 500 pence in cash and 0. LONDON — Chicago exchange group CME has announced a £3. CME Group has tabled a $5. 3 Billion Offer, Read most current stock market news, Get stock, fund, etf analyst reports from an independent source you can trust – Morningstar NEX is a forward thinking, NEX Group plc offers customers better ways to execute trades and manage risk. 5 billion (3. (Nasdaq: CME) and NEX Group plc (NXG. A union of the two firms would enable investors to access cash and Neither CME Group nor NEX undertakes any obligation to update publicly or revise forward-looking statements, whether as a result of new information, US exchange CME has agreed a £3. trading platform NEX. (CME), reported Wednesday that group revenue for the first quarter to June 30 increased 3% on a reported basis and 7% on a constant currency basis. He told me about a rumor the CME was going to buy NEX and some other details about potential counter-bids or the sale of parts of NEX that CME may not want. 9 million ($5. NEX Group has issued a statement confirming that it has received a preliminary approach from CME Group to acquire the company. (NASDAQ: CME) and NEX Group plc (NXG) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per share CME Group Acquires NEX Group in $5. 0444 CME Group shares (based on CME's closing share price of US$158. 9bn. , a futures trading giant, approached the company about taking it over. The Chicago futures exchange operator, the biggest in the world, said today that it agreed to buy NEX Group in a transaction that, if approved by regulators, would create a giant transatlantic trading venue spanning futures In the market for US government debt? A transatlantic deal announced Thursday has you covered. 9 billion pounds ($5. 8 billion. CME Group has reached agreement to acquire London-based interdealer broker NEX Group in a deal valued at £3. CME is contemplating the acquisition of NEX Group Plc and to that end, the company is in talks with the latter. Treasuries. CME Cme Grp. and NEX Group plc (NXG. London-based NEX, which runs markets for trading currencies, Treasuries and other assets, has a business that complements CME, which offers derivatives on many of the same things. 9bn, []Read More CME Group Q1 2018 Earnings Conference Call April 26, 2018 8:30 a At the end of the first quarter, we were pleased to announce the transaction with the NEX Group. NEX, formerly known as ICAP, said on Wednesday that CME Group had made a takeover proposal of 10 pounds per share, a premium of around 3 percent to the stock's closing price. has offered to buy U. NEX Group Shareholders Approve CME Group's $5. RNS: REUTERS/Fred ProuserCME Group, the Chicago-based derivatives trading giant, has approached UK trading technology firm NEX Group over a potential acquisition. L) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per CME Group has reached agreement on a £3. 5 billion and, if all goes well, the combined provider of CME Group released an announcement on Thursday, March 16, in the United Kingdom regarding a potential offer for NEX Group plc. CME Group is to acquire NEX Group in a deal valued at USD5. NEX Group Receives Takeover Approach by CME Group Financial technology and electronic trading company Nex announced a revenue increase today ahead of its acquisition by CME Group. 48 billion) offer for London interdealer broker Nex Group. 5 billion), creating a one-stop shop for purchasers of US debt. Stock futures rise on the last trading day of a volatile first quarter; automakers Renault and Nissan reportedly are discussing a merger; CME Group to buy U. 4bn, does… Per media reports, CME Group Inc. CHICAGO and LONDON, March 29, 2018 /PRNewswire/ -- CME Group Inc. CME Group (CME) expects to generate annual cost savings of $200M by 2021 from the deal, and does not expect to sell any assets after the £3. Which brings us to the third and potentially most notable opportunity for the newly combined CME and NEX Group—Treasury clearing. , Offer for NEX Group plc NXG Nex Group Magnetar Capital Partners LP - Form 8. 9bn, []Read More (Reuters) - U. com content you must be a subscriber. CME Group's (CME) London-based NEX Group buyout helps boosting trading opportunities across spot and futures FX products as well as cash, repo and futures products in U. Shares in Nex jumped 9. Please use the following link to request a trial. exchange operator CME Group is buying Michael Spencer's NEX Group of the UK. CME (CME), which is based in Chicago, dominates the market for Michael Spencer's Nex Group has years earlier than they normally would as a result of the company's forthcoming £3. NEX said discussions with CME are at an early stage and there can be no certainty an offer for the company will be made. 5 billion for Britain's NEX Group, a currency and fixed income trading platform, on the one-year anniversary of the failed merger between German's Deutsche Boerse and the London Stock Exchange. Acquisition will combine cash, futures and OTC marketplaces CME Group to Acquire NEX Group plc, Bringing Together Cash, Futures and OTC Marketplaces -- Delivers streamlined access and new trading opportunities across To access full Breakingviews. (CME) notes the announcement made by NEX Group plc (NEX) yesterday and confirms that it has made a preliminary approach regarding a potential acquisition of NEX. 9 billion takeover by US futures exchange giant CME, but the pair warned over plans to slash around 750 jobs after the deal. 5 billion) and creating a cross-border trading powerhouse. Includes graph of share prices as well as links to different types of information for CME investors. government debt. CME Group, the US futures exchange, has made a preliminary bid for Michael Spencer’s Nex Group, a move likely to spark a race among global exchanges to buy the UK financial technology company. CME Group will acquire NEX in a deal expected to close in the second half of 2018, pending approval by regulators. CME to buy NEX Group. Exchange group CME has made £3. CME Group will pay GBP10 per share – a premium of around 3 per cent to the stock’s closing price on 28 March – consisting of 500 pence in cash and 0. 4101/£1. CME Group Inc confirmed March 16 that it made a preliminary approach about a potential offer for NEX Group. 49 billion). CME Group has announced that it has reached an agreement to acquire NEX Group plc, a London-based company offering technology and tools to support pre- and post-trade activities across a range of OTC products. View all press releases pertaining to events in the CME Group derivatives markets. financial-technology company NEX Group for about $5. The combination of the two derivatives marketplaces is expected to close in the second half of 2018. 5 billion (£3. 0444 CME Group shares. References External Get instant alerts when news breaks on your stocks. 5 Billion Deal, Stocks: CME,LSE:NXG, release date:Mar 29, 2018 Top Headlines. 5 billion and, if all goes well, the combined provider of CHICAGO, March 16, 2018 /PRNewswire/ -- CME Group earlier today released the following statement in the United Kingdom regarding a potential offer for NEX Group plc. CHICAGO and LONDON, March 29, 2018 /PR Newswire UK/ -- CME Group to Acquire NEX Group plc, Bringing Together Cash, Futures and OTC Marketplaces. 84 on Wednesday, the companies said in Exchange-operator CME Group Inc is considering making an offer to acquire Michael Spencer's financial technology company NEX Group, Bloomberg reported on Thursday, citing people familiar with the matter. 3 - CME Group Inc. CME has agreed to acquire NEX Group plc for £10 per share in a cash-stock deal. The CME Group wants to buy the British fintech company NEX for $5. U. (a) Interests and short positions in the relevant CME and NEX. skip to main notes the press speculation and announces that it has received a preliminary approach by CME Group Inc. PR Newswire London, June 29 FORM 8. LONDON (Reuters) – U. CME (CME), which is based in Chicago, dominates the market for Britain's NEX Group Plc said it had received a preliminary takeover approach from U. exchange operator CME Group has agreed to buy NEX Group for $5. If regulators and NEX’s shareholders agree, CME’s pursuit of Nex Group could be derailed by rival exchanges, analysts have said. CME Group agreed to buy Michael Spencer’s NEX Group in a transatlantic deal that creates a trading venues giant spanning futures to Treasuries and foreign exchange. NEX and CME declined to comment Shares in UK electronic trading firm, NEX Group PLC (NXG), jumped more than 32% after saying it has received a preliminary approach from US-based exchange operator CME Group. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO CME Group has agreed to buy U. CME Group will acquire UK trading firm NEX Group in a transaction valued at £10 per share, consisting of 500 pence in cash and 0. 84 yesterday and the exchange rate of $1. regarding a potential acquisition of NEX. (CME) announced Thursday that it has reached an agreement to acquire NEX Group plc (NXG. The financial markets technology company said | mai 22, 2018 Skadden is representing CME Group Inc. The deal is expected to close in the second half of 2018 and will bring together two trading industry giants with the ambition to deliver better ways to trade and manage risk across futures, cash and OTC products. “As previously outlined, the transaction with CME remains on track to complete in the second half of the current calendar year”, says Michael Spencer, Group Chief Executive Officer of NEX. A union of the two firms would enable investors to access cash and NEX Group had said earlier this month that it had received a preliminary takeover approach from CME Group. L) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per On 29 March 2018, the boards of NEX Group plc, CME London Limited and CME Group Inc. 8bn sale to the world's largest futures exchange. 9 billion. 7 billion from US giant CME. The transaction is expected to culminate in the. The merger combines the largest U. Nex Traiana. The acquisition brings together NEX’s electronic FX and fixed income cash execution platforms with CME Group’s derivatives markets. CME Group, the world’s largest futures exchange, has agreed to buy Michael Spencer’s Nex Group for £3. Claim your 2-week free trial to StreetInsider Premium here. RNLSY The Chicago exchanges giant CME is expected to seal a £3. 9bn in a deal that heralds a shake-up in the world’s bond and foreign exchange markets. CME announced that they had reached an agreement on the terms of a recommended share and cash acquisition of the entire issued and to be issued share capital of NEX. 8pc to 972p today amid growing expectations that a deal between The giant US futures exchange and clearing house, CME Group, has made an approach to buy Michel Spencer’s London-listed NEX Group. Magnetar Capital Partners LP - Form 8. Futures trading giant CME Group has reached a deal to buy U. -based exchange operator CME Group , in a move to create a cross-border trading powerhouse. During the call, James and other guests, including Michael Spencer from NEX Group, Vikas Shah from Rosenblatt Securities, Urs Bernegger from Helvetii AG, Javier Paz from Aite Group and Sean Tully from CME Group discussed: At $5. NEX Group has agreed to be taken over by CME Group for 1,000p per share in cash and shares of the Chicago exchanges giant. (Bloomberg) -- CME Group Inc. Inc. 0444 CME Group shares, based on CME's closing share price of $158. 3 PUBLIC OPENING POSITION Yes – NEX Group plc: 2. Neither CME Group nor NEX undertakes any obligation to update publicly or revise forward-looking statements, whether as a result of new information, Derivatives exchange operator CME Group Inc. Futures trading giant CME Group Inc. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO CME Group announced it had acquired electronic foreign-exchange and fixed-income trading platform NEX Group for £3. NEX Group plc, formerly known as ICAP plc, In March 2018, it was announced that NEX Group will be bought by American CME Group for US$ 5. CME and NEX currently are working together to allow CME to complete due diligence and determine whether a firm offer can be made. 's NEX Group -- WSJ Neither CME Group nor NEX undertakes any obligation to update publicly or revise forward-looking statements, whether as a result of new information, Shares in electronic trading firm Nex Group rocketed on Wednesday as the group confirmed it has received a takeover offer worth over £3. NEX Group acquired by CME Group . -- Delivers streamlined access and new trading opportunities across spot and futures FX products as well as cash, repo and futures products in U. CME Group released an announcement on Thursday, March 16, in the United Kingdom regarding a potential offer for NEX Group plc. If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. 0444 new shares for each NEX share in a court-sanctioned scheme of arrangement, which values NEX at £3. 4 billion). 4101:£1, on With 22 offices, more than 1,700 attorneys and 50-plus practice areas, Skadden advises businesses, financial institutions and governmental entities around the world on their most complex, high-profile matters, providing the guidance they need to compete in today’s business environment. 3 of | juillet 16, 2018 On March 29, CME Group (“CME”) announced a deal to acquire NEX Group for $5. CME Group is buying London-based exchange operator NEX for £3. 5 billion offer to buy NEX Group to create a cross-border powerhouse for investors trading in the multi-trillion dollar foreign exchange and government debt markets, Reuters reported. In the market for US government debt? A transatlantic deal announced Thursday has you covered. The London group, which operates some of the world’s largest foreign exchange and fixed income markets Icap financial technology spin off NEX Group has confirmed a preliminary takeover approach by Chicago futures exchange CME. CME Group Q1 2018 Earnings Conference Call April 26, 2018 8:30 a At the end of the first quarter, we were pleased to announce the transaction with the NEX Group. Nex Group has confirmed that it is in advanced talks for a £3. public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more rule 8. FinanceFeeds – Financial technology expert NEX Group PLC (LON:NXG) has earlier today published a trading statement for the quarter to June 30, 2018, updating on the planned deal with CME Group Inc (NASDAQ:CME). L) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per LONDON (Reuters) - U. 5 billion offer to buy NEX Group to create a cross-border powerhouse for investors trading in the multi-trillion dollar foreign exchange and government debt markets. Company Focus – CME Group Acquisition of NEX . Derivatives exchange operator CME Group Inc. Treasury interdealer broker (BrokerTec) and futures exchange (CME)… Executive says he expects CME group to continue investing in fintech startups after takeover. CME and NEX Group reach agreement on acquisition which is expected to close in the second half of this year. 84 on March 28, 2018 and the exchange rate of US$1. 6bn London firm which has acquired a number of hedge fund vendors Chicago Mercantile Exchange owner CME Group Inc. -based NEX Group for £3. in its acquisition of NEX Group plc for $6 billion, including assumed debt. Offer for NEX Group plc -5-, Read most current stock market news, Get stock, fund, etf analyst reports from an independent source you can trust – Morningstar Chicago Mercantile Exchange owner CME Group Inc. CME Group considers acquisition of Nex, with decision due by April 12 U. CME Group buys Michael Spencer’s Nex for £3. American futures trading firm CME Group has agreed to acquire NEX Group, a UK-based business focused on electronic markets and post trade business, in a […] Run by investors for investors Proactive Investors is a Leading source of in-depth comment, analysis, financial news, press releases and share price CME Group Inc. Quote | Charts | Trades NEX Group: Epic: NXG: Reuters: NXG. 4 billion, confirming prior speculation of a cross-border deal that CME says will expand its global footprint and broaden its business beyond futures. is set to acquire NEX Group plc for an estimated $5. 48 billion) bid for British-headquartered interdealer broker Nex Group. 91 billion pounds) to create a cross-border powerhouse for investors trading in the multi-trillion dollar foreign exchange and government debt markets. 8 billion pounds ($5. 4 billion. The London exchange founded by City titan Michael Spencer could attract interest from rival exchanges around the FE Investegate announcements from CME Group Inc. CME Group Statement Regarding Potential Offer for NEX Group. 9B purchase, CE One of the hottest deals for the London financial industry is expected to conclude in the second half of the year. L) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per CME Group, the $56bn futures exchange operator based in Chicago, is weighing up a takeover offer for NEX Group, the trading and fintech business founded by City grandee Michael Spencer. 4101:£1, on One of the hottest deals for the London financial industry is expected to conclude in the second half of the year. NEX, of London, owns BrokerTec while CME owns the Chicago Mercantile Exchange. We are referring to the acquisition of NEX Group by the Chicago-based CME Group. The firm says discussions are at an early stage and there can be no certainty that an offer will be made, or one is, its terms. NEX confirmed the talks an hour after they were first reported by Bloomberg on Thursday evening. 5 billion to create a cross-border powerhouse for investors trading in the multi-trillion Exchange-operator CME Group Inc is considering making an offer to acquire Michael Spencer's financial technology company NEX Group, Bloomberg reported on Thursday, citing people familiar with the matter. 4 billion, a deal that would put the Chicago futures-exchange giant in a commanding position in the vast market for U. The first quarter of the year saw a slew of consolidation activities happening in the business world, making it one of the busiest periods for M&As. 3 Billion Offer CME Group Inc. CME Group will acquire NEX Group for $5. The Board of NEX Group plc notes the press speculation and announces that it has received a preliminary approach by CME Group Inc. 9 billion) in a transaction valued at £10 per share, consisting of 500 pence in cash and 0. 9 billion tie-up (PA) CME Group Inc and NEX Group plc (NXG. As a result, there can be no certainty that any firm offer will ultimately be made for NEX, nor in relation to the terms on which such offer may be made. March 15 (Reuters) - Britain’s NEX Group Plc has received a preliminary takeover approach from U. NXG Nex Group NEX Group Shareholders Approve CME Group's $5. Nex Group shares popped higher as Square Mile anticipation grew that US exchange giant CME Group will confirm its takeover bid for the London-based trading platform provider. 9B purchase, CE NEX Group confirms rumours that it received a preliminary approach from CME Group regarding an acquisition. , a $56 billion giant of futures trading, has approached Michael Spencer’s NEX Group Plc about potentially buying the company CME Group Statement Regarding Potential Offer for NEX Group PR Newswire CHICAGO, March 16, 2018 CHICAGO , March 16, 2018 /PRNewswire/ -- CME Group earlier today Britain's NEX Group Plc said it had received a preliminary takeover approach from U. 5-billion to create a cross-border powerhouse for investors trading in the multi-trillion dollar foreign exchange and government debt markets. CME Bids to Buy U. exchange operator CME Group Inc, the Michael Spencer-led financial technology company said on Thursday. 8bn acquisition by Chicago-based CME Group. L) today announced that they have reached an agreemen Nex Group chief Michael Spencer said the planned sale to CME was on track to complete this year NEX Group directors have agreed to a takeover by CME Group for 1,000p per share in cash and shares of the Chicago exchanges giant, a bid that analysts suggested could be big enough to deter any gatecrashing. Offer for NEX Group plc -5-, Read most current stock market news, Get stock, fund, etf analyst reports from an independent source you can trust – Morningstar CME Group Inc. 9 billion take over of the UK's NEX Group, in a deal that promises to transform the world's currency and so First Read Hits & Takes JLN Staff Wednesday night I was about to head home when I ran into a friend outside the Bar Luna at the Boca Raton Resort and Club. 5b and CME Group Inc. financial-technology company NEX Group PLC, a deal that would put the Chicago futures-exchange giant in a commanding position in the vast market for U. L), which is in deal to be bought by CME Group Inc. CME If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. NEX Group in CME’s Sights – Profit & Loss. The deal was confirmed on Thursday after several weeks of talks and the price is at the top end of Per media reports, CME Group Inc. The per share price consists of 500 pence in cash and 0. Shareholders in NEX, a financial technology firm that CME Group buys Michael Spencer’s Nex for £3. (a) Interests and short positions in the relevant securities of the Today, Nex Group, an electronic trading firm in the United Kingdom, confirmed that it had received an approach from CME, a derivatives trader that is based in the United States. Financial terms weren’t announced. UK financial-technology firm Nex Group has agreed to a £3. 8bn takeover of Michael Spencer’s interbroker dealer Nex as soon as tomorrow in a transformative deal that could net the former Tory treasurer £669m. L) today announced that they have… CME Group is to acquire NEX Group in a deal valued at USD5. CME Group, the Globe logo, CME, Chicago Mercantile Exchange, NEX Group Confirms Report of CME Group’s Takeover Bid, Discussions at an Early Stage; Issuer Comment: CME Group Inc. exchange operator CME Group said on Thursday it had reached an agreement to buy Michael Spencer's NEX Group, valuing the British firm at about 3. L: Google Finance: CME Group Inc. 5 billion US (March 29): Futures trading giant CME Group has reached a deal to buy U. Further to earlier reports about the planned acquisition of NEX Group PLC (LON:NXG) by CME London Limited (Bidco) and CME Group Inc (NASDAQ:CME), CME today announces that it has launched an underwritten public offering of senior unsecured notes. (a) Interests and short positions in the relevant Top Headlines. CME will pay NEX shareholders 500 pence in cash and 0. Talks are at an early stage and there can be no certainty that an offer will be made, NEX said LONDON U. 9bn takeover of trading tech company Nex Group by CME Group, the world's largest futures exchange, are set to land a combined payout of almost £110m. 0444 CME shares. Futures exchanges approaches $3. Pending approvals, the deal is expected to close in NXG Nex Group NEX Group Shareholders Approve CME Group's $5. The acquisition is valued at USD5. CME CME Group Inc. NEX Group plc, headquartered in ↑ CME Group to Acquire NEX Group plc, Bringing Together Cash, Futures and OTC Marketplaces. (NXG. 9 billion pounds, according to a March 29 statement from the two companies. CME to Shake Up Bond and Forex Markets After Buying Nex Group – Financial Times (subscription) CME Group, the world’s largest futures exchange, has agreed to buy Michael Spencer’s Nex Group for £3. Run by investors for investors Proactive Investors is a Leading source of in-depth comment, analysis, financial news, press releases and share price If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. NEX issued the statement after a number of US financial media reports speculated that the two were in takeover talks, sending NEX Group shares up 2% in late Thursday trading. . L) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per CME Is Said to Consider Bidding for Michael Spencer’s NEX Group Futures trading giant CME Group reaches a deal to buy NEX Group, in a transaction valued at £10 ($14) a share. 9bn deal to buy Michael Spencer’s NEX Group following weeks of talks. L) for 10 pounds per share. Michael Spencer’s NEX Group Plc rose the most in almost two decades after CME Group Inc. Shareholders in NEX, a financial technology firm that matches buyers Advisers who worked on the £3. Financial technology and electronic trading company Nex announced a revenue increase today ahead of its acquisition by CME Group. The US exchange operator, Chicago Mercantile Exchange (CME) Group has offered £10 a share or £3. By Adam Clark NEX Group PLC said on Tuesday that its profit rose slightly in financial 2018, as it prepares for its takeover by CME Group. nex group cme