Topic - Clearing Ltd.

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FILE - In this Tuesday, Aug. 25, 2015 file photo, Financial information is displayed on screens and a ticker inside the London Stock Exchange in the City of London. The London Stock Exchange is rejecting an unsolicited takeover bid from its Hong Kong counterpart, citing “fundamental concerns” about the offer. The London Stock Exchange said Friday, Sept. 13, 2019 that it sees “no merit” in going forward with the offer because of the concerns. (AP Photo/Matt Dunham, file)

London Stock Exchange rejects Hong Kong takeover bid

By KELVIN CHAN - Associated Press

FILE - This Thursday, Sept. 22, 2011 file photo shows a sign outside the Stock Exchange in the City of London. The Hong Kong stock exchange said Wednesday Sept. 11, 2019, it has started talks to buy the London Stock Exchange that would value the British company at 29.6 billion pounds ($36.6 billion). The Hong Kong Exchanges and Clearing Ltd. said a deal would provide the London Stock Exchange with a key opening to Asian markets and underpin the British capital’s role as a financial hub. (AP Photo/Matt Dunham, File)

Hong Kong stock exchange swoops in for London rival

By CARLO PIOVANO - Associated Press