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Hong Kong Exchanges offers to buy London Stock Exchange for $39 bn
short by Krishna Veera Vanamali / on Wednesday, 11 September, 2019
Hong Kong Exchanges and Clearing has made an unsolicited $39 billion bid to acquire the London Stock Exchange Group. This comes just weeks after LSE announced a plan to purchase financial information provider Refinitiv. Hong Kong Exchanges, which owns the London Metal Exchange, said the proposed deal would go ahead only if LSE's proposed takeover of Refinitiv doesn't proceed.
read more at Reuters