Hong Kong Exchanges and Clearing has made an unsolicited $39 billion t...
FILE PHOTO: The name of Hong Kong Exchanges and Clearing Limited is displayed at the entrance in Hong Kong, China January 24, 2018. REUTERS/Bobby Yip/File PhotoA top-10 shareholder in the LSE, who declined to be named in line with his company’s policy during potential mergers, sounded a cautious note about the prospects of a successful takeover of the exchange.
Prices of bonds issued by Refinitiv were only slightly lower in secondary trading on Wednesday, implying continued investor confidence in the company’s tie-up with LSE. The Asian exchange, however, said it was confident its proposal faced no major regulatory hurdles due to little overlap in markets.
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