The HKEX, which operate the third-largest capital market in Asia, offered to pay £83.61 per LSE share in cash and stock for the London bourse operator. Photo: Shutterstock
London Exchange rejects Hong Kong’s surprise takeover bid in strongly worded endorsement of Shanghai as ‘preferred partner’
- LSE cites Hong Kong’s current political crisis, and questions its future role as a gateway to China in strongly worded letter rejecting the offer
- The UK-based bourse said it remained committed to its proposed purchase of Refinitiv
The HKEX, which operate the third-largest capital market in Asia, offered to pay £83.61 per LSE share in cash and stock for the London bourse operator. Photo: Shutterstock