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BRIEF-HKEX Says Will Continue To Engage With LSE Shareholders On Proposed Deal

Published 2019-09-13, 10:38 a/m
BRIEF-HKEX Says Will Continue To Engage With LSE Shareholders On Proposed Deal
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Sept 13 (Reuters) - Hong Kong Exchanges and Clearing Limited 0388.HK :

* STATEMENT RE POSSIBLE OFFER

* BOARD CONTINUES TO BELIEVE PROPOSED COMBINATION WITH LSEG REPRESENTS A "HIGHLY COMPELLING STRATEGIC OPPORTUNITY"

* SAYS DISAPPOINTED THAT LSEG HAS DECLINED TO "PROPERLY ENGAGE"

* HKEX SAYS CONTINUES TO BELIEVE THAT ITS PROPOSAL FOR LSE IS IN "BEST INTERESTS OF SHAREHOLDERS, CUSTOMERS AND FOR GLOBAL CAPITAL MARKETS AS A WHOLE"

* HKEX SAYS HAD HOPED TO DEMONSTRATE WHY CO BELIEVES THAT BENEFITS OF ITS PROPOSAL SIGNIFICANTLY OUTWEIGH THOSE OF LSE'S PROPOSED ACQUISITION OF REFINITIV

* HONG KONG EXCHANGES AND CLEARING LTD - AS SET OUT TO LSEG, HKEX HAS UNDERTAKEN THOROUGH AND DETAILED ANALYSIS AHEAD OF MAKING ITS APPROACH TO LSEG

* HKEX SAYS BELIEVES SHAREHOLDERS IN LSEG SHOULD HAVE OPPORTUNITY TO ANALYSE IN DETAIL BOTH HKEX AND REFINITIV DEALS; WILL CONTINUE TO ENGAGE WITH THEM

* IN ADDITION, HKEX HAS HELD INITIAL CONSTRUCTIVE DISCUSSIONS WITH REGULATORS AND POLICY MAKERS

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