Tag: HKEX

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

LONDON (Reuters) – Hong Kong Exchanges and Clearing Ltd (HKEX) (0388.HK) unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) (LSE.L) on Wednesday that received a cool response from investors concerned about its regulatory and financial hurdles. To prevail, HKEX would have to persuade British politicians and European regulators to abandon […]

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

LONDON (Reuters) – Hong Kong Exchanges and Clearing Ltd (HKEX) (0388.HK) made a $39 billion takeover approach to the London Stock Exchange Plc (LSE.L) on Wednesday, aiming to create a global trading powerhouse and thwart the latter’s $27 billion acquisition of financial data provider Refinitiv. With its bid, HKEX is betting that a major international […]

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