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12 September 2019 07:47

Letting a Hong Kong company waltz off with the London Stock Exchange in a £29.6 billion cash-and-shares deal.

london stock exchange

Just what BoJo needed: the chance to prove Brexit Britain really is open for business. And what better way than this? Letting a Hong Kong company waltz off with the London Stock Exchange in a £29.6 billion cash-and-shares deal. All timed, too, to bust up its $27 billion Refinitiv data buy. As provocative tilts at British companies go, it's hard to beat.

Alistair Osborne: A new China crisis for Brexit Britain

Yes, Charles Li, the boss of Hong Kong Exchanges and Clearing, tried to pretend his bid's not "hostile". But no one fell for that: LSE called it "an unsolicited, preliminary and highly conditional proposal". And how hostile might politicians find it once they've ramped up the casual conflation of Hong Kong and China? No sooner was Mr Li's bid approach on the screen…