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HKEX makes bid for London Stock Exchange

chinadaily.com.cn | Updated: 2019-09-11 17:28

Hong Kong Exchanges and Clearing is pictured on Dec 1, 2018. [Photo/VCG]

Hong Kong Exchanges and Clearing Limited (HKEX) today announced it has made a 29.6 billion pounds ($36.6 billion) proposal to the Board of London Stock Exchange Group plc (LSEG) to combine the two companies.

The Board of HKEX believes a merger with LSEG represents a highly compelling strategic opportunity to create a global market infrastructure leader, according to the announcement.

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