FILE PHOTO: The identify of Hong Kong Exchanges and Clearing Restricted is displayed on the entrance in Hong Kong, China January 24, 2018. REUTERS/Bobby Yip/File Photograph

LONDON (Reuters) – The Hong Kong Exchanges and Clearing Restricted has proposed a 31.6 billion pound ($39 billion) takeover of the London Inventory Change, it mentioned on Wednesday, simply weeks after the London bourse introduced a plan to merge with knowledge firm Refinitiv.

“The board of HKEX believes a proposed mixture with LSEG represents a extremely compelling strategic alternative to create a world market infrastructure chief,” the Hong Kong alternate mentioned in a press release.


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