gobbledonk Posted October 25, 2010 Report Share Posted October 25, 2010 http://au.finance.yahoo.com/news/ASX-Singapore-confirm-8-4b-aap-1409551553.html?x=0 Fireworks in Haymarket tonite .... Link to comment Share on other sites More sharing options...
WorldFun Posted October 25, 2010 Report Share Posted October 25, 2010 unbeliable Link to comment Share on other sites More sharing options...
bust Posted October 25, 2010 Report Share Posted October 25, 2010 Fireworks in Haymarket tonite .... I didn't notice any!!! This is bad news. Singapore to appoint CEO. Singapore to appoint Board. Link to comment Share on other sites More sharing options...
Pom Michael Posted October 26, 2010 Report Share Posted October 26, 2010 Well, Singapore Exchange bought the Aussie one - what do you expect? Link to comment Share on other sites More sharing options...
ThaiHome Posted October 26, 2010 Report Share Posted October 26, 2010 Seems like it just the ownership is being merged. The actual exchanges will remain separate entities. "Each exchange operator will remain separate legal entities and hold on to their respective brands." TH Link to comment Share on other sites More sharing options...
bust Posted October 26, 2010 Report Share Posted October 26, 2010 Well, Singapore Exchange bought the Aussie one - what do you expect? Some representasion from th ASX Link to comment Share on other sites More sharing options...
gobbledonk Posted October 27, 2010 Author Report Share Posted October 27, 2010 Seems like it just the ownership is being merged. The actual exchanges will remain separate entities."Each exchange operator will remain separate legal entities and hold on to their respective brands." TH The fear is that this will be in name only, and there are plenty of precedents. HP still sell 'Compaq' laptops but I seem to recall significant 'rationalisation' when the merger happened. Those opposed to the merger are asking for assurances from the Singaporean government that Australian jobs in the finance industry wont be threatened by the merger, a request which would undoubtedly draw grim smiles from those who have worked in said industry. One day your a rooster, the next a feather duster. :smirk: Link to comment Share on other sites More sharing options...
bust Posted October 27, 2010 Report Share Posted October 27, 2010 National interest will decide....they just don't say who's Link to comment Share on other sites More sharing options...
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