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Market Chatter: JPMorgan Said to Near Deal to Acquire Idex for About $4.4 billion

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JPMorgan Chase's (JPM) asset management unit is nearing an agreement to buy Idex from Antin Infrastructure Partners in a deal that would value the French heating and cooling network operator at about 3.8 billion euros ($4.4 billion), including debt, Bloomberg reported Tuesday, citing people familiar with the matter.

The transaction could be announced in the coming days, the report said, citing the people.

JPMorgan and Antin didn't immediately reply to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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