The withdrawal leaves London Stock Exchange free to pursue its $27 billion takeover of RefinitivLSE shares, which traded below HKEX’s 8,361-pence offer since it was announced 11 September, dropped as much as 6.5% in London morning trading
2 min read8 Oct 2019The Swiss bank has been brought in as an adviser and is helping HKEX arrange meetings with LSE shareholdersHKEX has quietly begun its campaign on the ground, citing analysts’ criticism of the proposed Refinitiv acquisition
1 min read22 Sep 2019LSE has various concerns, including a possible influence of China on HKEXThe $36.6 billion bid for LSE could face pushback from UK and US officials over security concerns
2 min read13 Sep 2019The company intends to use the net proceeds primarily to repay debt of the companyThe bonds, which were sold in two tranches, attracted interest from global investors across Europe, North America and Asia
1 min read12 Apr 2019UK universities are likely to recruit more overseas students - particularly from China and India - to offset a series of financial challenges in the face of Brexit
2 min read7 Jan 2019Aston Martin's new goal is 18.50 to 20 ($24-$26) per share. The company had previously set a range of 17.50 to 22.50 per share
1 min read1 Oct 2018Two exchanges will look to provide a route for Masala bonds and foreign currency bonds of Indian issuers listed on LSE to be dual listed on NSE's International Exchange
1 min read21 Sep 2018The total value traded of Indian GDRs on the London Stock Exchange's International Order Book was $4.12 billion in 2017, up 12.5% from $3.66 billion in 2016
1 min read22 Jan 2018London Stock Exchange CEO Xavier Rolet steps down following a request from the board. He will be replaced in the interim by chief financial officer David Warren
2 min read29 Nov 2017UK market regulator may change listing rules for state-run firms, as London Stock Exchange woos Saudi Aramco which is planning what could be the world's largest IPO
2 min read13 Jul 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared