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Wednesday, March 2, 2011

Singapore's exchange chief dampens hopes for further sweeteners

The Australian, 2 Mar 2011SINGAPORE Exchange managing director Magnus Bocker has indicated it may be difficult to make further changes to the group's $8.4 billion bid for the Australian Securities Exchange.Mr Bocker said the changes Singapore Exchange (SGX) made to the deal last month -- including a critical concession to increase the number of Australian directors -- were about as far as it