Markets > London

Factbox: How the LSE and HKEX stack up

7 days ago   |   By Reuters

Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover approach for the London Stock Exchange , with any offer contingent on the LSE ditching its acquisition of data company Refinitiv.
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The Hong Kong Exchange's bid for the LSE would thwart the London firm's $27 billion Refinitiv deal. Here's why that's a 'non-starter'

The Hong Kong Exchange's bid for the LSE would thwart the London firm's $27 billion Refinitiv deal. Here's why that's a 'non-starter'

7 days ago   |   By Business Insider

The Hong Kong Stock exchange on Wednesday proposed to buy the London Stock Exchange in a deal worth $37 billion, taking markets by surprise.
But the offer would require the LSE's $27 agreed takeover of Refinitiv being dropped.
Given the graveyard of past merger attempts with the LSE, combined with the planned deal for Refinitiv, the Hong Kong exchange's plan has scant chance of success, say analysts.
View Markets Insider's homepage for more stories.
In a move that took markets by surprise, the Hong Kong Stock Exchange announced a plan on Wednesday to buy the London Stock Exchange for about...
Read more ...

 

It's Open Season on the London Stock Exchange

7 days ago   |   By Washington Post

Hong Kong's proposal looks more tempting than the LSE's own Refinitiv deal. But the path to getting it done is fraught with uncertainty.
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LSE: A story of failed mega mergers

7 days ago   |   By Reuters

Hong Kong Exchanges and Clearing made an unsolicited $39 billion takeover bid for the London Stock Exchange , an offer contingent on the LSE ditching its planned acquisition of data company Refinitiv.
Read more ...

 

JP Morgan makes it clear to staff that Taiwan & Hong Kong are part of China

JP Morgan makes it clear to staff that Taiwan & Hong Kong are part of China

7 days ago   |   By RT

Wall Street banking giant JPMorgan Chase has told some of its staff to ensure that they do not refer to Hong Kong, Macau or self-governing Taiwan as separate countries.
The bank's supervisory analyst global manager, Stuart Marston, said in an email seen by Bloomberg that the regions should on first reference be Hong Kong SAR, Macau SAR and Taiwan, China. JP Morgan has also added a note in its disclosures section to clarify usage.
Also on rt.com
Coach and Givenchy apologize for not knowing that Hong Kong and Taiwan are part of China
Hong Kong and Macau are special administrative regions...
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The Hong Kong Exchange's bid for the LSE would thwart the London firm's $27 billion Refinitiv deal. Here's why that's a 'non-starter'

The Hong Kong Exchange's bid for the LSE would thwart the London firm's $27 billion Refinitiv deal. Here's why that's a 'non-starter'

7 days ago   |   By Business Insider

The Hong Kong Stock exchange on Wednesday proposed to buy the London Stock Exchange in a deal worth $37 billion, taking markets by surprise.
But the offer would require the LSE's $27 agreed takeover of Refinitiv being dropped.
Given the graveyard of past merger attempts with the LSE, combined with the planned deal for Refinitiv, the Hong Kong exchange's plan has scant chance of success, say analysts.
View Markets Insider's homepage for more stories.
In a move that took markets by surprise, the Hong Kong Stock Exchange announced a plan on Wednesday to buy the London Stock Exchange for about...
Read more ...

 

Hong Kong Exchanges Woo London Stock Exchange; Be Wary Of Ulterior Motives

7 days ago   |   By Forbes

Hong Kong Exchanges and Clearing shook the market in London as it launched an unsolicited £31.6 billion cash-and-share takeover bid for the London Stock Exchange Group .
Read more ...

 

10 things you need to know before the opening bell

10 things you need to know before the opening bell

7 days ago   |   By Business Insider

Here is what you need to know.
1. Hong Kong Stock Exchange just proposed a $37 billion deal to buy the London Stock Exchange. Together, the two stock exchanges would be worth more than $70 billion.
2. China removed tariffs from 16 American exports including cancer drugs, fish food, and certain chemicals. Ranchers are still going to feel the pain as farm produce continues to face levies.
3. California just passed a bill turning 'gig economy' workers into employees. Here's what Uber and Lyft have previously said about it. The ride-hailing giants say the decision qualifies existing law, hurts...
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Hong Kong Exchanges bids $39 billion to take over London Stock Exchange

7 days ago   |   By Reuters

Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover bid for the London Stock Exchange , an offer contingent on the LSE ditching its acquisition of data company Refinitiv.
Read more ...

 

Hong Kong Stock Exchange just proposed a $37 billion deal to buy the London Stock Exchange

Hong Kong Stock Exchange just proposed a $37 billion deal to buy the London Stock Exchange

7 days ago   |   By Business Insider

Hong Kong Stock Exchange on Wednesday said it is proposing to buy the London Stock Exchange, in a deal worth $36.6 billion.
The Hong Kong exchange has until October 9 to make a firm offer, or pull its proposal if it does not intend to make it, the statement says.
Together, the two stock exchanges would be worth more than $70 billion, it said. The LSE said its board will consider the proposal.
LSE recently agreed to pay $27 billion for data company Refinitiv, which the LSE said today it is committed to. The HKEX said that its offer will be dependent on the LSE dropping the Refinitiv...
Read more ...

 

Hong Kong Stock Exchange offers to buy London Stock Exchange for $36.6 billion

Hong Kong Stock Exchange offers to buy London Stock Exchange for $36.6 billion

7 days ago   |   By RT

Hong Kong Exchanges and Clearing has launched a takeover bid for London Stock Exchange Group, offering one of Europe's largest exchanges £29.6 billion .
The Hong Kong exchange said the proposed combination would strengthen both businesses, better positioning them to innovate across markets and geographies. It added that the takeover will offer market participants and investors unprecedented global market connectivity.
“Bringing HKEX and LSEG together will redefine global capital markets for decades to come,” Hong Kong Chief Executive Charles Li said, as cited by Bloomberg. “Both businesses...
Read more ...

 

Hong Kong Stock Exchange just proposed a $37 billion deal to buy the London Stock Exchange

Hong Kong Stock Exchange just proposed a $37 billion deal to buy the London Stock Exchange

7 days ago   |   By Business Insider

Hong Kong Stock Exchange on Wednesday said it is proposing to buy the London Stock Exchange, in a deal worth $36.6 billion.
The Hong Kong exchange has until October 9 to make a firm offer, or pull its proposal if it does not intend to make it, the statement says.
Together, the two stock exchanges would be worth more than $70 billion, it said. The LSE said its board will consider the proposal.
LSE recently agreed to pay $27 billion for data company Refinitiv, which the LSE said today it is committed to. The HKEX said that its offer will be dependent on the LSE dropping the Refinitiv...
Read more ...

 

Hong Kong's Stock Exchange Has Made a Surprise $36.6 Billion Bid for London's LSE

7 days ago   |   By Fortune

Hong Kong Exchanges and Clearing Ltd. made an unexpected bid for London Stock Exchange Group Plc, which could potentially throw the European exchange's own transformative deal into jeopardy.
The transaction values one of Europe's largest exchanges at 29.6 billion pounds , according to a HKEX a statement Wednesday. The Asian bourse operator had considered the ‘ambitious and far-reaching' deal for many months, HKEX Chief Executive Officer Charles Li said. The LSE, which agreed to snap up data provider Refinitiv in a $27 billion blockbuster deal just weeks ago , declined to comment.
Both...
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Hong Kong Stock Exchange Offers to Buy Its London Counterpart

7 days ago   |   By NY Times

The offer, which values the British company at nearly $37 billion, would create a global markets operator with significant access to China.
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Hong Kong Exchanges proposes $39 billion London Stock Exchange takeover

7 days ago   |   By Reuters

The Hong Kong Exchanges and Clearing Limited has proposed a 31.6 billion pound takeover of the London Stock Exchange, it said on Wednesday, just weeks after the London bourse announced a plan to merge with data company Refinitiv.
Read more ...

 

Hong Kong Exchanges and Clearing proposes merger with LSE

7 days ago   |   By Reuters

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 .
Read more ...

 


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