LSE buyers to vote on Refinitiv deal on November 26

FILE PHOTO: The Refinitiv brand is seen on a display screen in workplaces in Canary Wharf in London, Britain August 1, 2019. REUTERS/Toby Melville/File Photograph

(Reuters) – London Inventory Alternate Group Plc (LSE.L) mentioned on Wednesday its shareholders would vote on Nov. 26 on whether or not to approve its $27 billion deal to purchase knowledge supplier Refinitiv.

The LSE agreed to purchase the monetary data supplier in August, in a deal geared toward providing buying and selling throughout areas and currencies.

The deal was introduced 10 months after a Blackstone-led (BX.N) consortium accomplished a leveraged buyout of Refinitiv from Thomson Reuters (TRI.TO), the mother or father group of Reuters Information.

Reporting by Noor Zainab Hussain in Bengaluru; Enhancing by Edmund Blair and Keith Weir

Author: Maxwell C.

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