CNN – Hong Kong has just made a surprise £30 billion ($37 billion) takeover bid for the London Stock Exchange.

Hong Kong Exchanges and Clearing (HKXCF) (HKEX) said Wednesday it had made a proposal to the LSE (LNSTY) to combine the two companies in a cash and share deal worth £29.6 billion, or £31.6 billion ($39 billion) including debt.
If it happens, the takeover would create the world’s third biggest stock exchange group behind the New York Stock Exchange and Nasdaq in terms of the value of companies listed on those markets, according to the operators’ data…


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