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Hong Kong stock exchange makes bid to buy London Stock Exchange for US$36.6 billion

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  1. #21

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    Quote Originally Posted by shri
    The only odd conspiracy theory I can see is - stop the Refinitive sale?
    Sure... but wouldn't that work only if they actually acquired London?

  2. #22

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    Gotta love the cleaner in the background during the Hong Kong segments...rustling away whilst emptying the bins

    Quote Originally Posted by shri
    That is what Bloomberg seems to be saying in this segment.

    https://youtu.be/Xq0lqAa5u1w
    shri and traineeinvestor like this.

  3. #23

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    Citibank cut HKEx to "sell" and it's target price from HK$285 to HK$210 citing "substantial regulatory hurdles for the proposed merger with LSE."

    http://www.aastocks.com/en/stocks/news/aafn-con/NOW.965334/top-news

    shri likes this.

  4. #24

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    Quote from David Webb in the FT:

    Through the Hong Kong government, Beijing controls the exchange here and lists vasts amounts of state-owned enterprises on it,


  5. #25

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    If I was an HKEx shareholder I'd be pretty unhappy at seeing the level of EPS dilution these numbers suggest would arise if the deal went through:

    Broker's Pro Forma Analysis on HKEX Potential Merger with LSE (Table)AASTOCKS Financial News - Top News


  6. #26

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  7. #27

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    Quote Originally Posted by hkha
    Shocking!

  8. #28

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    Quote Originally Posted by traineeinvestor
    Shocking!
    Just read the reasoning. Was a real slap in the face.

  9. #29

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    HKEx can afford to up the offer - but I think they said they wouldn't do that before current offer had been responded to. Let's see if they do so now.


  10. #30

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    Quote Originally Posted by traineeinvestor
    Shocking!
    LSE stock up 3.5%.
    Makes sense right .
    (FTSE up 0.3%)

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