London Stock Exchange is in talks to acquire the Refinitiv financial data and trading platform in a deal valued at US$27 billion

//London Stock Exchange is in talks to acquire the Refinitiv financial data and trading platform in a deal valued at US$27 billion

London Stock Exchange is in talks to acquire the Refinitiv financial data and trading platform in a deal valued at US$27 billion

London Stock Exchange Group is in talks to acquire Refinitiv, the financial data and trading platform provider, in a deal that could be valued at US$27 billion and would add fuel to the bourse’s fastest-growing business.The exchange would issue shares as part of the transaction and Refinitiv holders may receive a stake of approximately 37 per cent, LSE said early Saturday in London in a statement.The effort is the first major strategic move by LSE Chief Executive Officer David Schwimmer, who…

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By | 2019-07-29T03:12:05+00:00 July 29th, 2019|Business|Comments Off on London Stock Exchange is in talks to acquire the Refinitiv financial data and trading platform in a deal valued at US$27 billion