Timeline: LSE – A story of failed mega-mergers
The London Stock Exchange emphatically rejected a $39 billion takeover offer from the Hong Kong bourse on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv.
London Stock Exchange flatly rejects Hong Kong’s $39 billion takeover offer
The London Stock Exchange emphatically rejected the Hong Kong bourse’s $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv.
WeWork curbs CEO’s voting power in bid to boost IPO prospects
WeWork owner The We Company said on Friday it has curbed the voting power of founder and CEO Adam Neumann, part of changes to its corporate governance aimed at reviving demand for its planned initial public offering.
Kone open to co-shareholding with Thyssenkrupp in elevator deal: Bloomberg
Finland’s Kone is open to a co-shareholding structure in a potential deal to merge with Thyssenkrupp’s elevator division, its chief executive told Bloomberg News.
Milan bourse strategic for Italy due to MTS bond trading platform: minister
Italy’s new economy minister said on Friday that the Milan bourse, which is part of the London Stock Exchange Group , is a strategic asset because it controls domestic government bond trading platform MTS.
London Stock Exchange rejects Hong Kong’s $39 billion takeover offer
London Stock Exchange has rejected Hong Kong Exchange’s $39 billion takeover offer, opting to stick with its planned purchase of data and analytics group Refinitiv.
Futures rise as investors cheer trade progress
U.S. stock index futures rose on Friday as new signs of progress in trade relations between the United States and China comforted markets, which have been rankled by a prolonged stand off between the world’s two largest economies.
India police probing AB InBev in New Delhi tax evasion case
Police in India’s capital New Delhi are probing a case of alleged tax evasion involving Anheuser-Busch InBev , according to a police officer and a document seen by Reuters, a setback for the brewer already battling a three-year city ban.
Trump trade-war aid sows frustration in farm country
The U.S. government is paying Texas cotton farmer J. Walt Hagood $145 an acre for losses related to U.S. President Donald Trump’s trade policies. But Minnesota soybean farmer Betsy Jensen will get just $35 an acre.
Ford, GM rev up electric pickup trucks to head off Tesla
Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century – with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back.
