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Hong Kong Exchange faces uphill battle with $39 billion bid for LSE

Reuters Wednesday, 11 September 2019 ()
Hong Kong Exchanges and Clearing Ltd (HKEX) unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday that received a cool response from investors concerned about its regulatory and financial hurdles.
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News video: LSE rejects Hong Kong's $39 bln takeover offer

LSE rejects Hong Kong's $39 bln takeover offer 01:24

The London Stock Exchange emphatically rejected the Hong Kong bourse&apos;s $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv. David Pollard reports.

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Recent related news from verified sources

LSE rejects $37 billion Hong Kong exchange bid


MarketWatch


The London Stock Exchange rejected its Hong Kong rival's $37 billion takeover bid, saying the Refinitiv deal is 'on track'

The London Stock Exchange rejected its Hong Kong rival's $37 billion takeover bid, saying the Refinitiv deal is 'on track'
ยท *The London Stock Exchange's board has unanimously rejected Hong Kong Stock Exchange's bid for the LSE.* ยท *HKEX earlier this week announced a proposed bid...
Business Insider


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