SFE Member Group Rejects Computershare Bid

The Sydney Futures Exchange (SFE) has this afternoon (September 3) received correspondence from Gresham Partners, which acts for a group of SFE Floor Members, advising that the members of the group do not intend to support the Computershare (CPU) proposal to acquire 50% of SFE for A$130 million. Until the SFE Board has had the opportunity to fully consider Gresham Partners' correspondence and has consulted with CPU, SFE will be issuing no further statement.