Update: Hong Kong pulls bid for London Stock Exchange
After LSE rejected bid
Key shareholders reportedly want a higher price than the $39bn HKEX offered for the LSE
Hong Kong Exchanges and Clearing (HKEX) has announced it will not proceed with its bid for the London Stock Exchange.
Last month, Hong Kong made an unsolicited $39bn bid for the LSE, which it rejected. In a statement today (8 October), HKEX said the board continues to believe that a combination of LSEG and HKEX is...
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