The operator of London’s bourse is holding discussions about whether to extend its hours, including to round-the-clock trading
The combined dollar-based market capitalization of primary British listings stands now at $2.90 trillion versus France’s $2.93 trillion, according to an index compiled by Bloomberg.
Headquartered in Paris, the merged entity will have Bharti Enterprises as its largest shareholder, with a 21.2 per cent stake.
The company on September 13 priced its offering of 95.5 million American Depositary shares at $51 apiece, fetching $4.87 billion for SoftBank at a valuation of $54.5 billion, with participation from cornerstone investors including Apple, Intel and Alphabet.
FM Nirmala Sitharaman and her UK counterpart Jeremy Hunt also announced the launch of the UK-India Infrastructure Financing Bridge for "harnessing collective expertise in planning and implementing major infrastructure projects".
Microsoft’s deal with London Stock Exchange Group follows moves by Amazon Web Services and Google into capital markets
Forever locked in competition over food, art, culture, literature, it was time Paris trumped the London stock market with its fashion brands.
Sharing the lesson he learned from the journey, Vedanta chief Anil Agarwal said, Cycle even if you are not the sporty type, believe in your dreams even if people tell you otherwise, and truly enjoy the journey you are on."
"Global companies were getting listed on the LSE and I wanted to be one of them. In fact, I dreamt of being the biggest, so decided to move to London," Anil Agarwal wrote on Twitter.
Pfizer previously signalled it would seek to sell its shareholding in Haleon, the world's largest consumer health business and home to Sensodyne toothpaste and Advil painkillers.
The London-based company, founded by boss William Shu in 2013, could be valued at up to 7.85 billion pounds ($10.85 billion) in its stock market debut on March 31.
The transaction is permitted under "commitments that will ensure that the markets will remain open and competitive," European Union competition commissioner Margrethe Vestager said in a statement
A merged LSE and Refinitiv would still be eclipsed by financial data leader Bloomberg LP but it will outrank a combination of S&P and IHS Markit, whose $44 billion deal announced this week was the largest acquisition of 2020.
COVID-19 pandemic has boosted food delivery business while eating into the dine-out industry
Inclusion in the World Government Bond index, which could begin next October if approved, means CGBs will be a must-have asset for investment giants such as pension funds desperate for good returns as the global bond market is battered by the virus pandemic.
The LSE told HKEX in a letter that it had fundamental concerns about key aspects of the proposal and that HKEX's relationship with the Hong Kong government would 'complicate matters'.
The IPO could value the company at $3.5 billion and raise about $1 billion, according to a Bloomberg report.
Shanghai-listed Huatai, which counts Alibaba as a strategic investor, will soon publish a prospectus to issue Global Depositary Receipts (GDRs) in London, said the person, who is not authorised to speak to the media.
"Under the terms of the offer, Vedanta shareholders will receive USD 10.89 per share in cash for each Vedanta share," the company said in a regulatory filing detailing about the USD 1 billion offer.
The listing follows the completed merger between Dish TV and Videocon d2h, creating a leading direct-to-home (DTH) television service provider in India valued at over USD 2.2 billion and serving over 29 million subscribers, the Exchange said.
Indian Railway Finance Corporation (IRFC) was set up in 1986 as the dedicated financing arm of the Indian Railways for mobilising funds from domestic and overseas Capital Markets.
The 10-year dated green bond raised USD 400 million, paying a 3.75 per cent semi-annual coupon and listed on London Stock Exchange's new International Securities Market (ISM) this week.
LSE chairman Donald Brydon has indicated he will not stand for re-election at the annual general meeting in 2019, the exchange said in a statement on Wednesday. LSE Chief Financial Officer, David Warren, will replace Rolet on an interim basis.
Rolet has broadened the exchange's focus beyond share trading into derivatives and data through these acquisitions, including clearing house LCH and global indexes firm Russell.
The FTSE SBI Bond Index Series "demonstrates SBI's commitment to play befitting leadership role" in development of India's bond market, State Bank of India (SBI) said in a statement.