The London Stock Exchange Group (LSEG) confirmed that its all-share acquisition of Refinitiv is complete. The transaction is valued at some $27 billion.
David Schwimmer, LSEG’s CEO, said in a statement: “LSEG is focused on delivering the benefits of the transaction helping customers to access data, trading tools, analytics and risk management across the financial markets and at scale around the globe.”
Martin Brand, a senior managing director at Blackstone, said in a statement: “LSEG’s combination with Refinitiv creates a global leader in financial data and infrastructure.” Blackstone is a private equity firm with a majority stake in Refinitiv, jointly owned with Thomson Reuters.