Any bolt-on acquisitions at NZX to be less than $5 million, Bennett says

Fri, 03 May 2013

May 3 (BusinessDesk) – NZX wants to boost its exposure to agriculture and commodities and the company is on the hunt for bolt-on acquisitions less than $5 million, says chief executive Tim Bennett. “We continue to look for small add-on acquisitions,” Bennett told shareholders at their annual meeting in Wellington. “Ultimately, of course, we would like to offer a broad range of soft commodity risk management products.” Results have been mixed to date. Clear Grain Exchanges in Australia and the NZX Dairy Futures had “mixed results” over the pa...

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