Blackstone, Thomson Reuters consortium sells 33m LSE shares
London Stock Exchange Group
10,640.00p
13:30 18/11/24
0.00%
0.00p
A consortium including Blackstone and Thomson Reuters has sold 33.3m shares in London Stock Exchange Group in a placing.
Financial Services
16,541.97
13:24 18/11/24
0.00%
0.30
FTSE 100
8,060.67
13:30 18/11/24
n/a
n/a
FTSE 350
4,448.33
13:30 18/11/24
n/a
n/a
FTSE All-Share
4,406.41
13:30 18/11/24
n/a
n/a
According to a regulatory filing on Wednesday, the placing was upsized from 28m shares and the shares were sold at 8,050p each via a placing to institutional investors and a separate offer to retail investors.
Proceeds from the sale are around £2.7bn.
Barclays, Citigroup, JPMorgan and Merrill Lynch acted as joint global coordinators and joint bookrunners in connection with the placing.