FT: Hong Kong exchange proposes to buy LSE for £32bn

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The Financial Times writes: “Hong Kong Exchanges and Clearing has made a £32bn bid to buy the London Stock Exchange Group, in a move that threatens to upend the UK operator’s own blockbuster takeover and comes at a time of political turmoil in Hong Kong. The operator of the Hong Kong exchange stunned investors with its proposal, which values LSE shares at £83.61 and is designed at “bringing together the largest and most significant financial centres in Asia and Europe”, ...