Nex shareholders back £3.9m CME takeover

Shareholders in Nex Group have voted through its £3.9bn takeover by CME, the world’s largest futures exchange, putting the deal on track to complete later this year. More than 75pc of shareholders approved the deal at the shareholder meeting yesterday. CME is paying £10 a share for Nex, almost a 50pc premium to its share price prior to CME’S initial approach.