But the move - aimed at easing concerns about the sale of an Australian financial icon - failed to silence key political opponents and could face a private member's bill to derail it as well as a Senate inquiry into its implications for the nation.
The proposal, unveiled last October, which would create the fifth-largest securities market in the world, has drawn fire from all sides of politics and run into public opposition, with a UMR Research poll in December showing two-thirds of Australians opposed the bid. Full story
Related:
Singapore's new offer just like the old one - The Sydney Morning Herald
Dancing with the dealers, ASX could be out of step - The Sydney Morning Herald
Singapore Exchange holds its ground - The Sydney Morning Herald
Grass greener for local bourse without SGX - Financial Standard
Singapore Exchange's new terms don't go far enough, analysts say - The Australian
