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Wednesday, December 15, 2010

Australian Lawmakers Still Not Convinced on SGX Bid for ASX

Bloomberg, 16 Dec 2010Australia’s lawmakers, including Treasurer Wayne Swan, are still not convinced that Singapore Exchange Ltd.’s bid for ASX Ltd. is in the national interest.Yesterday’s approval by the Australian Competition and Consumer Commission “is not a factor for me,” Swan said in an e-mail late yesterday. “I’ll take a very methodical approach. Full storyRelated:Swan wary on Singapore's