Tag: LSE

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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