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Gold/Mining/Energy : IntercontinentalExchange ICE
ICE 146.29-1.5%Oct 31 9:30 AM EDT

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From: Sr K10/8/2019 12:23:18 AM
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On WSJ 10/8/2019

Hong Kong Exchanges & Clearing abandoned its attempt to take over the London Stock Exchange Group, saying it couldn’t pursue a deal without input from the target’s management.

1 minutes ago

Hong Kong Stock Exchange Drops Nearly $37 Billion Bid for London Rival

In walking away, HKEX clears the way for LSE to conclude its plan to acquire financial-information and terminal company Refinitiv

By
Updated Oct. 8, 2019 12:15 am ET

Hong Kong’s stock exchange pulled a $36.6 billion bid for its London rival, a deal that would have united two major trading hubs even as both are clouded in political turmoil.

Less than a month after it first unveiled the surprise proposal, Hong Kong Exchanges & Clearing Ltd. said it couldn’t pursue a takeover of London Stock Exchange Group PLC without any input from LSE’s management. The target’s board had quickly rejected the approach.
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