Deal will increase LSEG’s presence in US and allow expansion into Asia
The London Stock Exchange Group has agreed a $27bn (£22bn) deal to buy Refinitiv in a move that will transform it into a UK-headquartered, global rival to Michael Bloomberg’s financial news and data business.
The all-share deal will allow LSE to take control of Refinitiv, whose Eikon terminals on trading floors challenge those provided by Bloomberg, from a consortium led by Blackstone and including Thomson Reuters, which owns the Reuters news service.
Continue reading...from Mergers and acquisitions | The Guardian https://ift.tt/2LUy8O6
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