Exchange operator CME Group to buy NEX for £3.9 billion

(Reuters) - U.S. 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 3.9 billion pounds and creating a cross-border trading powerhouse.

from Reuters: Top News http://uk.reuters.com/article/uk-nex-group-m-a-cme-group/exchange-operator-cme-group-to-buy-nex-for-3-9-billion-idUKKBN1H50N9?feedType=RSS&feedName=topNews