Thread regarding Refinitiv layoffs

Hong Kong makes $37 million bid for LSE. How does this impact Refinitiv...thoughts?

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Post ID: @OP+10ZepTZ2

12 replies (most recent on top)

HKEX abandons pursuit of LSEG.

https://www.theguardian.com/business/2019/oct/08/hong-kong-bid-london-stock-exchange-lse

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Post ID: @uhkn+10ZepTZ2

@10ZepTZ2-7kgc

Are you talking about folks fired few months ago? I guess they had few months of notice which are passing in October/November

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Post ID: @8elr+10ZepTZ2

Any insight in what locations? Brookfield, WI?

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Post ID: @8myc+10ZepTZ2

Refinitiv is letting go alot of people this month.

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Post ID: @7kgc+10ZepTZ2

It'll never happen.
Deb will defend staff over her own safety. Fear not!

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Post ID: @6asd+10ZepTZ2

You kidding me? Chinese owning a British stock exchange, especially red capital! I don't even think it worths a second of my time to read this article while I am enjoying my tea and scone.

I am sure the deal can't even get through the egos of our Trans Atlantic partners, let alone the Bre-exit show they are busy directing .

I seriously think history is making a joke on the Empire which never sees a Sunset back in the good old days....

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Post ID: @1ajk+10ZepTZ2

Seems the HK bid will likely be rejected.

https://www.ft.com/content/d53ae238-d46f-11e9-8367-807ebd53ab77

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Post ID: @1fhm+10ZepTZ2

Hong Kong stock exchange is indirectly owned by Chinese government - it won't be allowed.

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Post ID: @iki+10ZepTZ2

I seriously doubt the deal is going to be accepted. Hang tight if it does, cos the Refinitiv deal won't be part of it. I am sure BS will then have search for a new buyer which means some more drastic re-org is gonna happen. But either way, I am sure it is not music to our ears if you are still with "Ref".

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Post ID: @orm+10ZepTZ2

Correction - it is £32B. (Sterling). They can what they like as it doesn't mess my pension up.

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Post ID: @gzo+10ZepTZ2

They have also said it is on condition that it doesn't include Refinitiv.

It was also $32 Billion.

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Post ID: @hoj+10ZepTZ2

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