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TXU agrees to record $45 billion buyout

The board of TXU Corp, the Dallas-based energy company, has agreed to a $45 billion takeover by private equity firms Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs, the investment bank.

Czech commodity exchange powers up

The Prague Stock Exchange (PSE), with the support of the Czech Ministry of Industry and Trade, is in the process of establishing a new energy commodity exchange, Energetická Burza. The new exchange will rely on the PSE’s established trading systems, and…

Leaders reach carbon agreement

Delegates at the G8+5 Climate Change Dialogue forum in Washington have agreed in principle to the setting up of a global cap-and-trade market for carbon emissions, similar to the EU Emissions Trading Scheme

LCH.Clearnet announces share repurchase

Clearing house LCH Clearnet has reached agreement in principle regarding the repurchase of the majority of the shares held by its largest shareholder, Euronext, a European cross-border exchange.

CME launches hurricane index

The Chicago Mercantile Exchange (CME) is expanding its weather derivatives product range with the launch of CME-Carvill Hurricane Index futures and options on futures contracts.

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