Lse Shareholders: Li Daxiao and Acquisition Proposal

lse shareholders: HKEX is considering borrowing up to 9.8 billion from several banks, and its executives were in London to meet with LSE shareholders during the week to convince them to accept the offer, Bloomberg reported over the weekend, citing an anonymous source familiar with the matter, according to Global Times China. The mega acquisition proposal involves multiple parties and complex considerations, not only economic factors, but also matters of financial security and other issues, Li Daxiao, chief economist at Shenzhen-based Yingda Securities, told the Global Times on Sunday. Experts expressed reservations to the development of the deal and noted that it will be difficult to reach one in short term. There are multiple barriers before HKEX, including LSE's shareholders and supervision departments, Li said, noting that any forecast of the result will be uncertain. In light of technical aspects and marketability, the acquisition is deemed as a good move, and HKEX and LSE both possess advantages and disadvantages regarding any deal, Dong said. It is normal to employ various financing measures during acquisition bids, and 9.8 billion is not a large amount for such types of transnational deals, Dong Shaopeng, an adviser for the China Securities Regulatory Commission, told the Global Times on Sunday. (news.financializer.com). As reported in the news.