Talks are at an advanced stage but the US exchange is yet to make a formal offer

Michael Spencer’s NEX Group has confirmed it has received a 

 from CME Group that values the London-listed financial trading and technology company at roughly £3.8bn.

In a statement on Wednesday, NEX confirmed that CME’s proposal would value the company at £10 per share. The shares closed up 9.8% at 972 pence. Other bidders could yet emerge.

NEX confirms £3.8bn takeover proposal from CME

Samuel Agini

Brooks Macdonald stung by £100m outflows as Budget looms

Hargreaves Lansdown shareholders approve £5.4bn take-private deal

Wealthy families fleeing UK before Labour non-dom crackdown, Stonehage Fleming chair says

Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

https://images.fnlondon.com/im-88462949?size=1.5

Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

https://images.fnlondon.com/im-68429219?size=1.5

Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

https://images.fnlondon.com/im-93271833?size=1.5

The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

U.K. Inflation Falls to Below BOE Target, Setting Up Rate Cut

The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

U.K. Regulator Starts Review Into Motor and Home Insurance Market

Fate of Lina Khan’s Bid to Reshape Antitrust Comes Down to Election

Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

U.K. Inflation Falls to Below BOE Target, Setting Up Rate Cut

U.K. Regulator Starts Review Into Motor and Home Insurance Market

Don’t Chase China’s FOMO Rally