London Stock Exchange Rejects Bid From Rival Hong Kong Exchange - USA DAILY NEWS

London Stock Exchange Rejects Bid From Rival Hong Kong Exchange

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LONDON—London Stock Exchange Group PLC on Friday rejected a $36.6 billion bid from Hong Kong Exchanges and Clearing Ltd., saying it had “fundamental concerns” about the price and strategic aim of the deal.

It said it remains committed to its plan to buy Refinitiv Holdings Ltd.

In a letter to the Hong Kong exchange issued publicly, LSE said…

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