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The LSEG has rejected the takeover bid in favor of its acquisition of Refinitiv.
A bid from Hong Kong Exchanges and Clearing Ltd. (HKEX) to take over the London Stock Exchange Group plc (LSEG) has been rejected by the LSEG board. On September 11, HKEX went public with its $39 billion takeover bid, arguing that a combination with LSEG would be “a highly compelling strategic opportunity to create a global market...
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