Hong Kong Exchange and Clearing (HK:0388) has made a surprise bid to purchase London Stock Exchange Group (LON:LSE), the company said in statements to both exchanges.
- “Bringing HKEX and LSEG together will redefine global capital markets for decades to come,” HKEX Chief Executive Charles Li said in a statement Wednesday. “Both businesses have great brands, financial strength and proven growth track records.”
- The bid threatens to disrupt LSE Group's agreement to buy data provider Refinitiv for $27 billion.
