EU set to approve LSE's $27bn Refinitiv acquisition - report
London Stock Exchange shares surged on Wednesday after a report that EU antitrust regulators are set to clear its $27bn (£20.2bn) purchase of data analytics company Refinitiv.
Financial Services
18,200.41
12:54 09/01/25
1.35%
243.27
FTSE 100
8,309.30
12:55 09/01/25
n/a
n/a
FTSE 350
4,556.60
12:55 09/01/25
n/a
n/a
FTSE All-Share
4,511.26
12:55 09/01/25
n/a
n/a
London Stock Exchange Group
11,775.00p
12:55 09/01/25
1.38%
160.00p
According to Reuters, clearance will be given after LSE adjusted concessions to address competition concerns.
Last month, LSE offered to allow rivals non-discriminatory access to clearing and data for 10 years as part of a package of concessions that included the sale of its Borsa Italiana operations.
At 1505 GMT, the shares were up 9.3% at 8,732p.