The London Stock Exchange (LSE) emphatically rejected the Hong Kong bourse’s $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv. The LSE told the Hong Kong Exchanges & Clearing (HKEX) in a letter that it had fundamental concerns about key aspects of the proposal which it said had no strategic merit, and that HKEX’s relationship with the Hong Kong government would “complicate matters”.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UTNzrE
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