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Pound Slips As No-Deal Brexit Scenario Emerges Again
Tuesday, December 17, 2019 - 3:56am | 334Read More...The pound sterling slipped by 0.30% to 1.3289 against the U.S. dollar on Tuesday as no-deal Brexit scenarios reemerged after Boris Johnson's reelection as the country's prime minister. What Happened Johnson is reportedly working on amending the withdrawal agreement bill concerning...
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Hong Kong Exchange Calls Off London Merger Pursuit
Tuesday, October 8, 2019 - 10:38am | 391Read More...Hong Kong Exchanges and Clearing abandoned its $37-billion bid for the London Stock Exchange on Tuesday. The announcement prompted a 4.7% drop in the London exchange’s stock. What Happened The Hong Kong exchange began its effort in September to integrate and streamline transactions...
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Skepticism Surrounds Proposed Hong Kong-London Stock Exchange Deal
Thursday, September 12, 2019 - 4:07pm | 446Read More...The Hong Kong Exchanges and Clearing company's proposed $37-billion acquisition of rival London Stock Exchange could be dead on arrival, with the London exchange reportedly set to reject the offer and U.K. regulators likely to block a deal. Bloomberg Commentator: Odd Deal The...
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Ex-NYSE CEO: Hong Kong Exchange Makes Big Bet With LSE Offer
Wednesday, September 11, 2019 - 11:42am | 427Read More...The parent company of Hong Kong's stock exchange made an offer Wednesday to buy its London rival for $37 billion — "a lot of money," former NYSE CEO Dick Grasso told Fox Business in an interview. What Happened The Hong Kong Exchanges and Clearing company deserves credit for...
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The London And Hong Kong Stock Exchanges Could Merge
Wednesday, September 11, 2019 - 7:38am | 213Read More...The Hong Kong stock exchange has made a proposal to acquire the London Stock Exchange Group PLC for $37 billion, according to The Wall Street Journal. Hong Kong Exchanges and Clearing has said in a statement that combining the two exchanges would bring together the largest and most significant...
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$27B Mega Merger Happening Oversees: London Stock Exchange To Buy Refinitiv
Thursday, August 1, 2019 - 10:11am | 312Read More...The London Stock Exchange reached an agreement to acquire financial markets data gathering company Refinitiv in a $27 billion deal. What Happened LSE's acquisition of Refinitiv will transform the England-based stock exchange to a global market data and analytics behemoth. The stock exchange...
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Archax CEO: We Want To Democratize Capital Markets
Friday, July 19, 2019 - 11:40am | 696Read More...Graham Rodford, founder and CEO at Archax, an institutional-grade exchange for asset-based tokens, discussed recent developments in the space and growth prospects with Benzinga. About Graham Rodford Rodford previously worked for Omni Partners, HSBC Holdings plc (NYSE: HSBC) and...
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London Stock Exchange CEO Says 'At A Very Minimum' 100,000 Jobs Could Leave England Due To Brexit
Friday, September 23, 2016 - 1:23pm | 351Read More...Xavier Rolet, the CEO of the London Stock Exchange Group told Bloomberg in an interview that "at a very minimum" 100,000 jobs are at risk following the Brexit vote in June. Rolet said that the jobs lost will be related to clearing as the London Stock Exchange is also the majority owner of LCH, the...
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Signet Jewelers Cites 'Monetary Expense, Regulatory Burdens' In Delisting Its Stock From The London Exchange
Tuesday, February 16, 2016 - 1:40pm | 123Read More...Shares of Signet Jewelers Ltd. (NYSE: SIG) surged higher by more than 5 percent on Tuesday after the company announced that it has filed a voluntary application with United Kingdom regulators to delist its common stock from the London Stock Exchange (LSE) as of March 11, 2016. Signet Jewelers noted...
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General Motors Tightens Pact With Manchester United
Monday, July 30, 2012 - 1:55pm | 376Read More...General Motors (NYSE: GM) has taken its relationship with Manchester United Football Club one step further by agreeing to be the official shirt sponsor of the club starting in 2014. The value of the deal remains undisclosed, however ESPN reports that it is larger than the existing deal with Aon (...
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Sirius Petroleum Eyes First Marginal Oil Field Project in Nigeria
Monday, October 10, 2011 - 5:40am | 599Read More...Oil and gas investing company Sirius Petroleum (LON:SRSP) has signed an agreement that could lead to it taking a 40% stake in what would be its first marginal field project in Nigeria. It has signed a Financial and Technical Services Agreement with local oil companies Owena Oil and Gas Ltd and...
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EnCore Oil Agrees Sale to Premier Oil for £221 Million
Wednesday, October 5, 2011 - 4:27am | 436Read More...North Sea exploration company EnCore Oil (LON:EO.) is being acquired by FTSE 250 group Premier Oil (LON:PMO) for £221 million. The 70p per share offer, which has been recommended by the EnCore board, will give shareholders the option to accept cash or new shares in Premier. Yesterday, shares in...
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Ortac Resources Begins Exploration on Cejkov Licence in Eastern Slovakia
Tuesday, October 4, 2011 - 5:45am | 513Read More...Ortac Resources (LON:OTC), the AIM listed mineral exploration company working on projects in Europe, has kicked off exploration work at its prospective precious and base metals licences in south-eastern Slovakia. Ortac's initial focus in the region is on the Cejkov exploration licence, where...
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Royal Dutch Shell Submits Application to Be Listed on LSE
Tuesday, March 22, 2011 - 10:50am | 87Read More...Royal Dutch Shell plc (NYSE: RDS-A) announces that application has been made to the UK Listing Authority and the London Stock Exchange for 31,143,934 A ordinary shares of Euro 0.07 each in the capital of Shell to be admitted to the Official List of the United Kingdom Listing Authority and to be...
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The Year Of Stock Exchange Mergers?
Wednesday, February 9, 2011 - 2:02pm | 535Read More...As Valentine's Day approaches, love is blooming within the world's most prominent stock exchanges. Yesterday it was revealed that the London Stock Exchange and Canada's TMX exchange were set to merge. Earlier today, trading in NYSE Euronext (NYSE: NYX) was halted following merger talks with...
