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Australia: Prohibition of the acquisition of ASX Limited (ASX) by Singapore Exchange Limited (SGX)

Description

On 8 April 2011, the government of Australia prohibited the takeover of the Australian Stock Exchange (ASX) by Singapore Exchange Limited(SGX). In his explaination, the Australian Trasurers cites nati...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

08 Apr 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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