The Singapore Exchange (SGXL.SI) will have to offer a high premium in order to buy Australian bourse operator ASX (ASX.AX), the chief executive of the Tokyo Stock Exchange, Atsushi Saito, said on Tuesday. The Singapore Exchange, in which the TSE owns just under 5 percent, is attempting a $7.9 billion takeover of ASX. (Reporting by Tim Kelly; Editing by Michael Watson)
Source