What was the alternative deal that the London Stock Exchange was pursuing?
LSE Board Unanimously Rejects Hong Kong Exchange Bid
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The London Stock Exchange (LSE) Board has rejected a takeover bid from Hong Kong Exchanges and Clearing, citing fundamental flaws, regulatory concerns, and the uncertain political climate in Hong Kong. The LSE is focused on its own acquisition of data provider REFINITIV. Despite the rejection, market analysts anticipate that Hong Kong may attempt another bid in the future.
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What do market watchers expect regarding Hong Kong's future actions towards the London Stock Exchange?
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