Some LSE investors call on Hong Kong exchange to up bid by 20%, add cash | Sharefundss
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Some LSE investors call on Hong Kong exchange to up bid by 20%, add cash

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Some London Stock Exchange investors have told Hong Kong Exchanges and Clearing (HKEX) that any bid must contain more cash and be up to 20% higher to persuade them to engage, three shareholders and a banking source close to the deal said. The three investors, who own a combined 3% of LSE, said HKEXhas been lobbying them to back a potential $39 billion cash andshare offer for the London exchange after it made a surpriseapproach last month. LSE quickly rejected HKEX’s ini

 
– Reuters: Money News