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Chi-X Europe receives offer enquiry from third party

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Chi-X Europe, the pan-European equities exchange, has received an enquiry from a third party which may or may not lead to an offer for the whole or partial sale of the company.

The enquiry is currently being reviewed by the board of Chi-X Europe.
 
"Any future offer must be examined and assessed to ensure that it fully values the company and also we must take into consideration the strategic interests of shareholders/stakeholders," says John Woodman, chairman of Chi-X Europe.
 
"This interest in Chi-X Europe is a result of our track record in becoming a major European exchange over the last three years and our move into profitability in 2010. We were not seeking a transaction and the option of remaining independent would allow us to build further value for shareholders.”

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