HONG KONG (AP) — Singapore's stock exchange is not looking to takeover any of its competitors following its failed bid for Australia's bourse earlier this year, its chief executive said Wednesday.
Magnus Bocker, who has tried to make the Singapore stock market a finance powerhouse in Asia since becoming CEO in December 2009, said the company would focus on growth in its Southeast Asian neighborhood.
"The Singapore Exchange is not sitting here with a lot of money looking for the next deal, not at all," said Bocker. Full story
Related:
Singapore exchange rules out further takeover bids - CBS News
Singapore Exchange Rules out Further Takeover Bids - ABC News
