Potential buyers approach London Metal Exchange

The LME will begin a formal process to review potential offers for the exchange

The London Metal Exchange has received expressions of interest in the company from potential buyers and will begin a formal process to review potential offers for the exchange, chief executive Martin Abbott said.

The member-owned LME - a metals exchange that is home to global benchmark contracts in copper, aluminum and other metals - received "several expressions of interest," Mr. Abbot said in a statement to LME members.

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