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Hong Kong Exchange in $39 billion bid for LSE, rivaling Refinitiv deal

Reuters Wednesday, 11 September 2019 ()
Hong Kong Exchanges and Clearing Ltd (HKEX) made a $39 billion takeover approach to the London Stock Exchange Plc on Wednesday, aiming to create a global trading powerhouse and thwart the latter's $27 billion acquisition of financial data provider Refinitiv.
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News video: Hong Kong Exchanges bids $39bln to take over London bourse

Hong Kong Exchanges bids $39bln to take over London bourse 01:08

Hong Kong's stock exchange has bid $39bln to take over the London Stock Exchange. Julian Satterthwaite reports.

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