Categories
Business

London Stock Exchange “Unanimously” Rejects Hong Kong’s $37 Billion Takeover Bid

London Stock Exchange rejected Hong Kong’s $37 billion takeover bid, saying it was too low, politically risky and lacked strategic merit. LSE’s board in a statement on Friday said it “unanimously” rejects this week’s conditional proposal from Hong Kong Exchanges and Clearing (HKEX). LSE (LNSTY) added that it sees “no merit in further engagement” because […]