This is what CEO Magnus Bocker pointed out after failing to take over ASX Ltd.
A Reuters report said Bockner downplayed size and quoted the SGX CEO as saying, "There is a danger if you think that scale is survival."
“Bocker was less than enthusiastic about the current round of merger mania in the exchanges space, telling reporters that Singapore is focusing on organic growth,” said the report.
View the full report here.
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