LSEG finalizes $27 billion deal with Refinitiv

Friday, 29. January 2021 10:07

London Stock Exchange Group (LSEG) announced on Friday that the acquisition of Refinitiv, a provider of financial market data and infrastructure, is now final.

LSEG CEO David Schwimmer praised the $27 billion deal, describing it in a statement as a "transformational transaction [which] brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy."

Earlier in January, the European Commission conditionally approved the acquisition, after LSEG offered commitments to ensure an "open and competitive market."

Related Links: London Stock Exchange Group plc
Author:
Breaking the News / BU