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A comment on Hong Kong Exchanges Bids $39B to Take over London Stock Exchange. Parent comment

Re:Hong Kong Exchanges Bids $39B to Take over London Stock E... by tempsy on Wednesday September 11, 2019 @12:47PM (#20942130)
Last month LSE agreed to buy Refinitiv for $27b, so reasonable to assume the bulk of the value in LSE is that purchase.
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Re:Hong Kong Exchanges Bids $39B to Take over London Stock E... by robocat on Wednesday September 11, 2019 @03:07PM (#20943608)
Not at all: acquisitions can be funded by debt i.e. LSE could have borrowed $27b to buy their strategic asset.

It is a "cash-and-share" transaction, the cash is borrowed. If it were shares only, you take ownership and you give $27b of newly minted shares to the previous owners (as a very crude approximation).

Of course, there's a lot more going on than just the above!

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Re:Hong Kong Exchanges Bids $39B to Take over London Stock E... by bradj on Wednesday September 11, 2019 @12:57PM (#20942232)
It looks like this deal is actually conditional on LSE dropping the Refinitiv deal.
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