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NEX Group confirms offer from CME

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NEX Group confirms offer from CME

CME Group Inc. has submitted a nonbinding proposal for a potential acquisition of NEX Group PLC at a price of £10 per share.

Discussions are at an advanced stage, NEX said, but there can be no certainty that an offer for NEX will be made, nor as to the terms of any offer.

NEX rose 9.77% March 28 to close at £9.72.