HKEX abandons pursuit of LSEG.
https://www.theguardian.com/business/2019/oct/08/hong-kong-bid-london-stock-exchange-lse
12 replies (most recent on top)
Are you talking about folks fired few months ago? I guess they had few months of notice which are passing in October/November
Any insight in what locations? Brookfield, WI?
Refinitiv is letting go alot of people this month.
It'll never happen.
Deb will defend staff over her own safety. Fear not!
God Save the Stock Exchange!
You kidding me? Chinese owning a British stock exchange, especially red capital! I don't even think it worths a second of my time to read this article while I am enjoying my tea and scone.
I am sure the deal can't even get through the egos of our Trans Atlantic partners, let alone the Bre-exit show they are busy directing .
I seriously think history is making a joke on the Empire which never sees a Sunset back in the good old days....
Seems the HK bid will likely be rejected.
https://www.ft.com/content/d53ae238-d46f-11e9-8367-807ebd53ab77
Hong Kong stock exchange is indirectly owned by Chinese government - it won't be allowed.
I seriously doubt the deal is going to be accepted. Hang tight if it does, cos the Refinitiv deal won't be part of it. I am sure BS will then have search for a new buyer which means some more drastic re-org is gonna happen. But either way, I am sure it is not music to our ears if you are still with "Ref".
Correction - it is £32B. (Sterling). They can what they like as it doesn't mess my pension up.
They have also said it is on condition that it doesn't include Refinitiv.
It was also $32 Billion.