Charles Li says level of engagement from LSEG indicated that proposed deal not in best interests of HKEX shareholders.
Hong Kong exchange voices "disappointment" over LSEG declining to properly engage in bid, says it will engage directly with shareholders.
Board of the LSEG puts an end to Hong Kong exchange bid and seemingly closes the door on any counter offer, expressing disappointment at publicly revealing the approach.
Proposed mega deal would see two of the world’s largest market infrastructure groups combine as Hong Kong exchange chief proposes connecting ‘East to West’.
This year has seen some of the biggest deals inked between major players, shaking up the market structure and bringing with it a potentially huge impact on the future of trading. The TRADE reviews the mergers and takeovers that are already causing a stir in the industry.
US-based brokerage expands footprint in Ireland with acquisition of Merrion Capital subsidiaries.
Torben Munch appointed chief executive of the combined organisation.
LSE and Deutsche Boerse merger ‘unlikely’ to go ahead after LSE rejects Commission’s request to sell MTS business.
The combined entity will manage more than $300 billion of assets once the deal is complete.