GLOBAL - Talks between Standard & Poor's (S&P) and Schroder Salomon Smith Barney (SSSB) over merging the firms' global index businesses have "reached the point of no return", according to a senior source at S&P. A deal was due to be signed by the end of September, just as this magazine went to press.
IPN’s sister publication Global Pensions exclusively revealed in March that the talks, which started in November 2001, were in the process of being concluded. But in the last six months they stalle...
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