CME CME Group Inc

By Adriano Marchese

ACQUIRER: Aquis Exchange Ltd. (AQX.LN)

SELLER: CME Group Inc. (CME)

TARGET: NEX Exchange Ltd.

PRICE: Cash consideration of 1 pound, plus 2.7 million pounds ($3.4 million) based on NEX Exchange's current working capital levels.

STATUS: Completion is expected in the fall of 2019.

RATIONALE: The acquisition provides an opportunity to acquire an recognized investment exchange business with a focus on primary markets in a cost and time effective manner.

STOCK MOVE: Shares before market open were at 486.0 pence.

Write to Adriano Marchese at adriano.marchese@dowjones.com

(END) Dow Jones Newswires

July 05, 2019 03:11 ET (07:11 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.