London Stock Exchange rejects Hong Kong’s unsolicited buyout bid ...News

The London Stock Exchange (LSE) Group has rejected a takeover bid from Hong Kong Exchanges and Clearing (HKEX) in a hard-hitting letter to the Asian exchange’s board. HKEX on Wednesday offered to take over one of Europe’s largest exchanges for £29.6 billion ($36.6 billion). However, the LSE said in a statement that it has concerns regarding key aspects of the “unsolicited, preliminary and highly conditional” offer. Also on rt.com Hong Kong Stock Exchange offers to buy London Stock Exchange for $36.6 billion “The Board has fundamental concerns about the k

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