The LSEG continues to ‘have a very good relationship and a very constructive partnership’ with HKEX, Schwimmer says. Photo: Reuters
exclusive | Refinitiv ‘generates a lot of cash’ for London Stock Exchange Group, was the right deal instead of HKEX takeover, CEO David Schwimmer says
- HKEX made a surprise bid for the operator of London Stock Exchange in September 2019, which was conditional on LSEG dropping its offer to buy Refinitiv
- LSEG rejected the HKEX offer and went ahead with the acquisition of Refinitiv, and is ‘very pleased with how that has worked out’, CEO says
The LSEG continues to ‘have a very good relationship and a very constructive partnership’ with HKEX, Schwimmer says. Photo: Reuters
