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SGX eyes smaller deals as bourse mergers implode

SGX eyes smaller deals as bourse mergers implode

SINGAPORE] As global bourses come to terms with the failure of the latest mega-merger, Singapore Exchange (SGX) is sticking to its incremental approach. SGX, which tried to buy ASX Ltd in a deal rejected by the Australian government in 2011, still wants to strike deals, though another blockbuster expedition is unlikely.