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

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(Update with Antin Infrastructure Partners' response to a request for comment in the last paragraph.)

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.

Antin declined to comment, while JPMorgan didn't immediately reply to a request 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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