Hong Kong Exchange’s $36.6b LSE bid runs into multiple hurdles

Hong Kong Exchange’s $36.6b LSE bid runs into multiple hurdles

London Stock Exchange. Photo: Reuters

The plan by Hong Kong Exchanges & Clearing Ltd. to take over London Stock Exchange Group Plc is running into multiple obstacles a day after the surprise bid was launched, with the U.K. bourse leaning toward rejecting the offer in its current form.