Not clear to me if this will be at the expense of the Refinitiv deal? LSE agreed to buy Refinitiv for $27bn.
“Shareholders won’t be rushed to make a decision as we like the Refinitiv deal,” the shareholder added. “If this is an opening gambit by HKEX and they go 10 per cent higher, then it will be a case of what might happen in the short term to the LSE share price versus a five-year view on where the share price can go on a successful Refinitv integration.”
A special administrative region of CHINA owning the London Stock Exchange? Fuck off this will never happen!
Get this man a new PR consultant FFS.
Seen in the FT.
Further down the list of concerns...In a conference call on Wednesday, Charles Li described HKEX’s unsolicited bid for the London Stock Exchange Group as a “corporate Romeo and Juliet story” notwithstanding the double suicide that ends that tale of courtship.
A CCP-controlled London Stock Exchange would surely be intolerable for any British government, no matter how chaotic or desperate Brexit Britain becomes.
Lol HSI is not excited at all about the news, down 80 points in the morning.. Or its indifferent and confident deal won't go through..
One would have thought that HKEx would be astute enough to realize that CPP ownership of LondonEx would be a huge national security concern.
Wonder what their real endgame plan is.