CME acquisition of NYMEX moves closer: report

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The paper said a $9.3 billion deal to buy NYMEX, operator of the New York Mercantile Exchange, was set to be announced on Monday morning.

NEW YORK (Reuters) - CME Group Inc <CME.N>, operator of the Chicago Mercantile Exchange and the Chicago Board of Trade, is set to announce a deal to acquire NYMEX Holdings Inc <NMX.N>, the Wall Street Journal reported on Monday.

The paper said a $9.3 billion deal to buy NYMEX, operator of the New York Mercantile Exchange, was set to be announced on Monday morning.

Analysts who follow the two largest U.S. futures markets told Reuters last week they are braced for news of the deal.

Spokespeople for CME and NYMEX were not immediately available.

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(Reporting by Yinka Adegoke)