Were the financial-data company Michael Bloomberg founded ever to do a deal, it would be a momentous event for fintech investorsWhen most people think about a race for Bloomberg, they probably have in mind Michael Bloomberg joining the Democratic primary. ...
FactSet chief says information sellers are focusing on companies rather than tradersFinancial information suppliers are on the hunt for new markets such as wealth management and corporate audiences, according to the chief executive of Factset, as the decline of the...
Hong Kong exchange’s pulled offer for the LSE highlights the difficulties of crossborder deals between trading venuesLondon Stock Exchange Group PLC’s dismissal of the Hong Kong exchange’s almost $37 billion takeover attempt underscores the challenges global exchanges face trying...
Rival bids offer two visions for LSE as insatiable demand provides bourses with promise for futureMergers and acquisitions among exchanges has sometimes been likened to a game of chess. In a world where prized assets are scarce, a move by...
Combined revenue would top USD5 billion; potential acquisition faces significant delays due to regulatory and political hurdles spanning multiple countries and jurisdictionsOn September 11 Hong Kong Stock Exchanges and Clearing (HKEX) announced an unsolicited acquisition proposal to the London Stock...