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Hong Kong stock exchange makes $36.6 billion bid for London stock exchange
CNBC
Wed, 11 Sep 2019 09:48

Hong Kong stock exchange makes $36.6 billion bid for London stock exchange

CNBC
Wed, 11 Sep 2019 09:48

Hong Kong stock exchange makes $36.6 billion bid for London stock exchange

An aerial view of the London Stock Exchange Paternoster Square

Vulture Labs | Moment | Getty Images
Hong Kong Exchanges and Clearing Limited said on Wednesday it has made a proposal to the board of London Stock Exchange Group Plc to combine the two companies which values the LSE at about 29.6 billion pounds ($36.6 billion).
LSE in August agreed to buy financial information provider Refinitiv in a $27 billion deal aimed at offering trading across regions and currencies and establishing the British company as a rival to Bloomberg.

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