1/29, 10:07 AM (Source: TeleTrader)
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LSEG finalizes $27 billion deal with Refinitiv

London Stock Exchange Group (LSEG) announced on Friday that the acquisition of Refinitiv, a provider of financial market data and infrastructure, is now final.

LSEG CEO David Schwimmer praised the $27 billion deal, describing it in a statement as a "transformational transaction [which] brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy."

Earlier in January, the European Commission conditionally approved the acquisition, after LSEG offered commitments to ensure an "open and competitive market."

Breaking the News / BU