Singapore Exchange’s ‘Pig in Dress’ Offer for ASX No Sure Thing

BusinessWeek, 16 Feb 2011The head of New Zealand’s stock exchange has warned that Singapore Exchange Ltd. has a “long way to go” in its bid to win approval from Australian regulators and lawmakers for its bid to buy ASX Ltd.Mark Weldon, chief executive officer of NZX Ltd., said that a group headed by his exchange withdrew an application last month to start up a rival bourse in Australia after it