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Announced

Completed

London Stock Exchange completed the acquisition of the Yield Book and Citi Fixed Income Indices business from Citigroup for $685m.

Financials

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Transaction Value£533m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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market data

Information / Data Services

United States

Private

Completed

Friendly

Disposal

Single Bidder

Acquisition

Majority

Cross Border

Synopsis

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London Stock Exchange, a British-based stock exchange and financial information company, completed the acquisition of the Yield Book and Citi Fixed Income Indices business from Citigroup, an American multinational investment bank and financial services company, for $685m. “As part of the transaction, Citi will remain a long term partner, collaborating with LSEG on future development and support of certain models. Additionally, Citi will continue to be a significant customer of The Yield Book," Okan Pekin Citi global head of investor services and DCC.

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