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00388 HKEX
RTNominal up250.200 +3.400 (+1.378%)
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16/09/2019 09:01

HKEX (00388) gets offer rejection from LSEG

[ET Net News Agency, 16 September 2019] Hong Kong Exchanges and Clearing Limited
(00388) said the board of LSEG released an announcement in the United Kingdom in relation
to the rejection of the possible offer from HKEX.
The board of HKEX continues to believe that the proposed combination with LSEG
represents a highly compelling strategic opportunity to create a global market
infrastructure leader. The board of HKEX had hoped to enter into a constructive dialogue
with the board of LSEG to discuss in detail the merits of its proposal and are
disappointed that LSEG has declined to properly engage. In particular, HKEX had hoped to
demonstrate why it believes that the benefits of its proposal significantly outweigh those
of the proposed acquisition of Refinitiv. (RC)

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