Monday, December 27, 2010

Two-thirds of Australians oppose the Singapore Stock Exchange's proposed takeover of the Australian Stock Exchange

AUSTRALIA: , The
Sydney Morning Herald reports. The report cited a poll by UMR Research
which showed 62% of Labor voters and 71% of opposition Coalition
supporters oppose the venture, an even higher level than the 65% of
Greens opponents. The result may cast deeper doubt over the chances of
Parliament giving the approval required if the government does seek the
necessary regulatory change to lift the 15% ownership cap on the ASX,
the report says.

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