August 27, 2012

Tokyo stock exchange takes over Osaka exchange in 130 billion yen merger

"Tokyo Stock Exchange(TSE)  has bought control of its smaller Osaka counterpart (OSE)for Yen 130 billion (AUD $1.6 billion)...good for Japan, combining (Osaka's) derivatives dominance with (Tokyo's) strength in equity trading"

Source: Japan's belated bourse merger
Monday 27/8/12, page 21

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