An employee views a FTSE share index board in the atrium of the London Stock Exchange Group's offices in London on Wednesday, May 29, 2019. Photo: Bloomberg

Hong Kong’s bold bid for London Stock Exchange faces scrutiny of global regulators, adding kinks to its arduous approval process

  • The LSE’s clearing house unit, LCH, serves 13 government debt markets around the world and is the second-largest clearing house for bonds and repos
  • That subjects a takeover of the LSE to the scrutiny of regulators in France, Germany, Italy and the US, not to mention the UK’s government
Topic |   Mergers & Acquisitions

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An employee views a FTSE share index board in the atrium of the London Stock Exchange Group's offices in London on Wednesday, May 29, 2019. Photo: Bloomberg
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Bronze sculptures of bulls, the symbol of the Hong Kong Stock Exchange, at the Exchange Square in Central on 30 May 2019. Photo: Warton Li

HKEX makes US$36.6 billion surprise bid to take over London Stock Exchange to grow into a global financial marketplace

  • HKEX made an indicative offer to pay £83.61 per LSE share in cash and stock for the London bourse operator, valuing it at £29.6 billion
  • The takeover would be the HKEX’s second overseas acquisition by after its 2012 purchase of the London Metal Exchange
Topic |   HKEX

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Bronze sculptures of bulls, the symbol of the Hong Kong Stock Exchange, at the Exchange Square in Central on 30 May 2019. Photo: Warton Li
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