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New Deal


Announced

Completed

London Stock Exchange completed the acquisition of Refinitiv from Blackstone-led consortium and Thomson Reuters for $27bn.

Financials

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Transaction Value£22,177m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales4.3x
EV/EBITDA13.1x
Share Price Premium-
One Off Charge-

Synopsis

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London Stock Exchange Group completed the acquisition of Refinitiv, a global provider of financial market data and infrastructure, from Blackstone-led consortium and Thomson Reuters for $27bn. "Completion of the acquisition of Refinitiv marks an important milestone in LSEG's history. I am delighted to welcome our new Board Directors, shareholders, executive management and all the new Refinitiv colleagues joining LSEG. This transformational transaction brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in partnership with customers. 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. LSEG is well positioned for long-term sustainable growth in a rapidly evolving landscape as a leading global financial markets infrastructure and data provider," David Schwimmer, LSEG Chief Executive Officer. On May 20, 2021, LSE warned Reuters that paywall breaches Refinitiv deal terms.

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