CME in Nymex merger discussions
Chicago-based CME Group is in preliminary discussions to acquire the New York Mercantile Exchange (Nymex) for $11.3 billion, the two firms announced on January 28.
The deal would bolster CME Group's position as the world's largest exchange group, with an estimated market capitalisation of $45 billion. CME Group was formed by the merger of the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME) in July 2007.
In a statement, CME Group and Nymex said they have made the talks
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