Original article by Steven Russolillo
The Australian – Page: 17 & 27 : 12-Sep-19
Hong Kong Exchanges and Clearing (HKEX) has launched an unsolicited takeover bid for the London Stock Exchange (LSE). LSE has indicated it will consider the bid, which is valued at Stg29.6 billion ($53.27 billion), and which it described as "unsolicited, preliminary and highly conditional". The HKEX bid for the LSE is aimed at preventing the proposed merger between the LSE and financial-information provider Refinitiv Holding, which was announced in August. In commenting on the HKEX bid, the LSE stated it remained committed to its bid for Refinitiv.
HONG KONG EXCHANGES AND CLEARING LIMITED LONDON STOCK EXCHANGE REFINITIV RIO TINTO LIMITED – ASX RIO BHP GROUP LIMITED – ASX BHP