Update: LSE rejects HKEX offer
Fundamental flaws
The HKEX bid for the LSE valued shares at £83.61
The London Stock Exchange Group (LSEG) has rejected the unexpected $39bn bid from Hong Kong Exchanges and Clearing (HKEX) for the business.
In an open letter to HKEX, Don Robert, chairman of LSEG, said he was "very surprised and disappointed" that HKEX published the "unsolicited proposal within two days of our receiving it". Robert added...
More Investment
Market Movers Blog: Trump calls for US interest rates to be cut to zero
Latest news and analysis
Industry voice: Disruption in the Eurozone: 5 Challenges Ahead
Two decades after inception, the eurozone countries’ arranged marriage-type of union looks shaky at best, and now it is even more challenged by ongoing, global disruptive forces.
Regulation blog: FCA launches no-deal Brexit ad campaign
MiFID II, SMCR and beyond
Managers warned 'prepare for the worst' as Parliament suspension puts EU access at risk
Fears shutdown could delay passage of financial services laws
Revealed: The final nominees for this year's Investment Company of the Year Awards
Ceremony takes place on Wednesday 20 November
Back to Top