NYSE Euronext (NYX), CME Group (CME) and IntercontinentalExchange (ICE) have each submitted bids...

|About: NYSE Euronext (NYX)|By:, SA News Editor

NYSE Euronext (NYX), CME Group (CME) and IntercontinentalExchange (ICE) have each submitted bids for the London Metal Exchange, sources say, valuing the commodities business at up to £1B. At least seven companies participated in the first round of bidding that closed on Wednesday, with the LME due to consider its offers on Feb. 23.