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London Stock Exchange flatly rejects Hong Kong's $39 billion takeover offer

FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London
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LONDON (Reuters) - The London Stock Exchange emphatically rejected the Hong Kong bourse's $39 billion (31.31 billion pounds) takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv.The LSE told HKEX in a letter that it had fundamental concerns about key aspects of the proposal which it said had no strategic merit, and that HKEX's relationship with..
Date Published: Sep 13, 2019
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