Global Trade Alert
Global Trade Alert

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

Announcement

08 Apr 2011

In April 2011, the government of Australia announced changed rules for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Apr 2011

Revocation date:

No revocation date

Announced: 08 Apr 2011
FDI: Entry and ownership rule In force
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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