The London Stock Exchange is too critical to the U.K.’s financial infrastructure for a takeover bid to succeed
The U.K. government could refuse to approve a potential $36.6 billion takeover of London Stock Exchange Group PLC by its Hong Kong rival because it forms too critical a part of the country’s financial infrastructure, according to people familiar with the matter.
Officials at the Bank of England, who informally advise the U.K. Treasury, believe that the London Stock Exchange’s clearing arm, LCH, constitutes crucial market plumbing, according to a person familiar with the matter. This would make any tie-up unlikely to successfully...
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Hong Kong stock exchange could find London exchange 'unaffordable,' says strategistThe Hong Kong stock exchange could find the London stock exchange 'potentially unaffordable,' according to a chief strategist at Bank of Communications International.
Consulte Mais informação »
Hong Kong Stock Exchange Bids Nearly $37 Billion for London RivalA deal would unite two of the world’s major stock exchanges when both regions are under political pressure, with Hong Kong reeling from a summer of violent protests and London gripped by political paralysis.
Consulte Mais informação »
Hong Kong makes $37 billion bid for the London Stock ExchangeHong Kong has made a surprise £30 billion ($37 billion) takeover bid for the London Stock Exchange. It would create the world's third biggest stock exchange group behind the New York Stock Exchange and Nasdaq in terms of the value of companies listed.
Consulte Mais informação »
Hong Kong stock exchange makes $36.6 billion bid for London stock exchangeHong Kong Exchanges and Clearing Limited said on Wednesday it has made a proposal to the board of London Stock Exchange Group.
Consulte Mais informação »
Hong Kong Exchanges proposes $39 billion London Stock Exchange takeoverThe Hong Kong Exchanges and Clearing Limited has proposed a 31.6 billion pound (...
Consulte Mais informação »