CME and WSE in the frame as Warsaw Commodity Exchange seeks buyer
26 Sep 2008
The Warsaw Commodity Exchange is close to selling a majority stake in itself, and several rival exchanges have been circling, including the Warsaw Stock Exchange and, according to market participants in Warsaw, the CME Group.
Artur Zur, a member of the management board at Warsaw Commodity Exchange (WGT), said the exchange was holding talks with candidates for bidding, including overseas parties.
Zur did not name the foreign entities, but said the WGT wanted to win over a partner that could provide a global electronic platform. A spokesperson for the CME Group in London said that the exchange would not comment on speculation.
Zur confirmed that WGT was talking to the Warsaw Stock Exchange, as well as the Polish Power Exchange (Towarowa Gielda Energii).
Adam Maciejewski, a member...
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