BR100 Decreased By (-0.27%)
BR30 Decreased By (-0.6%)
KSE100 Decreased By (-0.48%)
KSE30 Decreased By (-0.75%)
BECO 5.85 Decreased By ▼ -0.18 (-2.99%)
BML 57.90 Increased By ▲ 5.15 (9.76%)
BOP 33.80 Decreased By ▼ -0.45 (-1.31%)
CNERGY 8.16 No Change ▼ 0.00 (0%)
DCL 11.79 Decreased By ▼ -0.55 (-4.46%)
FCCL 53.55 Decreased By ▼ -0.34 (-0.63%)
FCSC 5.41 Increased By ▲ 0.19 (3.64%)
FFL 17.86 Decreased By ▼ -0.17 (-0.94%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.16 Increased By ▲ 0.16 (1.45%)
KEL 8.03 Decreased By ▼ -0.08 (-0.99%)
KOSM 5.47 Increased By ▲ 0.09 (1.67%)
MLCF 87.76 Decreased By ▼ -0.29 (-0.33%)
NBP 184.02 Decreased By ▼ -2.46 (-1.32%)
PACE 11.50 Increased By ▲ 0.78 (7.28%)
PAEL 40.29 Increased By ▲ 0.35 (0.88%)
PIAHCLA 26.16 Decreased By ▼ -0.01 (-0.04%)
PIBTL 17.16 Decreased By ▼ -0.16 (-0.92%)
PPL 229.00 Decreased By ▼ -3.78 (-1.62%)
PRL 34.49 Decreased By ▼ -0.46 (-1.32%)
PTC 67.37 Decreased By ▼ -0.19 (-0.28%)
SEARL 90.91 Decreased By ▼ -0.02 (-0.02%)
SSGC 26.87 Decreased By ▼ -0.30 (-1.1%)
TELE 8.54 Decreased By ▼ -0.03 (-0.35%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.35 Increased By ▲ 0.59 (6.74%)
TREET 24.46 Decreased By ▼ -0.08 (-0.33%)
TRG 71.94 Increased By ▲ 0.19 (0.26%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Markets

London Stock Exchange rejects Hong Kong takeover bid

LONDON: London Stock Exchange Group on Friday formally rejected a takeover bid by the Hong Kong Stock Exchange, citi
Published September 13, 2019 Updated September 13, 2019 12:43pm
Save
1 min
comment
By AFP
Add BRecorder as a trusted
source on Google
Google Preferred Source

LONDON: London Stock Exchange Group on Friday formally rejected a takeover bid by the Hong Kong Stock Exchange, citing "fundamental concerns" over the bid worth £32 billion ($40 billion, 36 billion euros).

In a statement, LSEG said management "unanimously rejects the conditional proposal and, given its fundamental flaws, sees no merit in further engagement" regarding the offer made Wednesday.

 

Comments

Comments are closed for this article.

More Stories

Browse all stories