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Friday, March 11, 2011

Singapore exchange lodges application for ASX merger

The Sydney Morning Herald, 11 Mar 2011SINGAPORE'S stock exchange has lodged an application with the Foreign Investment Review Board for its proposed $8.4 billion merger with Australia's main bourse.''ASX Limited advises that Singapore Exchange Limited has lodged a formal application to the Australian Foreign Investment Review Board about the proposed merger of ASX and SGX,'' ASX said in a