Blackstone, Thomson Reuters consortium sells 33m LSE shares
London Stock Exchange Group
11,240.00p
16:45 23/12/24
-0.71%
-80.00p
A consortium including Blackstone and Thomson Reuters has sold 33.3m shares in London Stock Exchange Group in a placing.
Financial Services
17,454.34
17:09 23/12/24
-0.69%
-121.24
FTSE 100
8,102.72
17:14 23/12/24
n/a
n/a
FTSE 350
4,471.06
17:09 23/12/24
n/a
n/a
FTSE All-Share
4,428.73
16:44 23/12/24
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.