Skip to main Content
Site Search

Advanced Search

  • Mondo Visione
  • Mondo Visione - Worldwide Exchange Intelligence
Member Login

Member Login

Forgotten your password?

SFE: Merger Speculation

Date 30/10/2001

Prior to the planned ASX listing of SFE Corporation Limited in April next year, the SFE Board has considered a number of strategies.

One of those strategies worthy of consideration is a merger with ASX, which the Board feels should enhance the value to shareholders of both organisations, reduce costs for customers and be in the national interest.

In arriving at this view, the Board has taken into account not only the market efficiencies associated with merging the two organisations but also opportunities presented by adopting the structure that other exchanges in the region, (notably Hong Kong and Singapore) have adopted.

This view has been communicated to ASX in recent months. However, no discussions are taking place between the two organisations in relation to a merger for the reasons publicly stated by the ASX.