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Talk of conflicts of interest as LME shareholders jockey for position in takeover battle

Frik Els | November 24, 2011 | 6:40 pm Base Metals Precious Metals Europe Copper Gold Silver Zinc 

By buying the stake held by defunct broker MF Global, JP Morgan  has dramatically boosted its influence in the battle to acquire the London Metal Exchange. As the biggest shareholder JP Morgan now has stronger input into any changes proposed by suitors...

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