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The IT business has been a bit shaky lately, so diversification makes at least some sense. Although the bigger question is why LSE, and why now? I'd imagine Lo
by marginalia_nu 4y ago
The IT business has been a bit shaky lately, so diversification makes at least some sense.
Although the bigger question is why LSE, and why now? I'd imagine London to be waning as a financial center post brexit, especially given the Russian situation.
- xwolfi 4y agoThe fact it's waning makes it cheap AND have good potential for out of the box thinking. I d imagine that when on the verge of despair, they d reduce regulatory burden for instance. I live in Hong Kong, we're waning currently, and Singapore is slowly eating our lunch, well they proposed to allow for non voting shares recently, an heresy before, to try and seduce a few IPO candidates.
- faeriechangling 4y agoBefore Brexit the LSE stood to lose a ton of value from Brexit. After Brexit the LSE stands to gain a ton of value from its eventual reversal.