ASX-SGX merger not in national interest: Swan

THE proposed $A8.4 billion merger of the Australian Stock Exchange by the Singapore Exchange has been rejected by Federal Treasurer Wayne Swan.

ASX-SGX merger not in national interest: Swan ASX-SGX merger not in national interest: Swan ASX-SGX merger not in national interest: Swan ASX-SGX merger not in national interest: Swan ASX-SGX merger not in national interest: Swan

In a statement, the ASX said the Foreign Investment Review Board (FIRB) had notified the Singapore Exchange that Swan believed the merger should be rejected as it was “contrary to the national

loader