LSEG spurns HKEX's £32bn takeover bid

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LSEG spurns HKEX's £32bn takeover bid

Aidan Gregory
September 13, 2019 02:00 pm
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RA46MX Logo of the London Stock Exchange Group, London Stock Exchange, Financial District, London, United Kingdom | Alamy Stock Photo

London Stock Exchange Group (LSEG) has emphatically rejected the unsolicited £32bn takeover bid by Hong Kong Exchanges and Clearing (HKEG), with LSEG's board suggesting that the deal has profound flaws.

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