The LSEG is in talks with Blackstone and Thomson Reuters about a possible acquisition of financial data analytics provider Refinitiv. LSEG would acquire the company for a $27bn enterprise value. The deal would mark a strong push into the data business (currently branded Information Services within LSEG) and make the company less dependent on volatile capital markets (trading and clearing). Its share price is up almost 15%.
29 Jul 2019
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Into a new dimension?
London Stock Exchange Group plc (LSEG:LON) | 9,517 0 0.0% | Mkt Cap: 50,973m
- Published:
29 Jul 2019 -
Author:
Farhad Moshiri -
Pages:
3
The LSEG is in talks with Blackstone and Thomson Reuters about a possible acquisition of financial data analytics provider Refinitiv. LSEG would acquire the company for a $27bn enterprise value. The deal would mark a strong push into the data business (currently branded Information Services within LSEG) and make the company less dependent on volatile capital markets (trading and clearing). Its share price is up almost 15%.