Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group.
Hong Kong exchange makes £30bn bid for London Stock Exchange (Fn London)The London Stock Exchange has received a surprise £29.6bn takeover offer from Hong Kong Exchanges and Clearing — a bid that threatens the UK group’s £20bn-plus acquisition of US data provider Refinitiv.
Hong Kong’s bid underlines the attractiveness of London’s financial infrastructure and gives the LSE and its shareholders the choice of deepening ties with Asia or pushing ahead with plans to create a UK data and trading giant through a deal with Refinitiv.
This decision comes at crucial time for London, which is looking to strengthen its position as an international financial centre in the face
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