LSEG-backed LCH Group to acquire the remaining 11.1% stake in LCH from Euronext for €111m.

LSEG-backed LCH Group, a British clearing house, agreed to acquire the remaining 11.1% stake in LCH, a clearer of repo transactions and credit derivatives in the Eurozone, from Euronext, a pan-European market infrastructure, for €111m. The transaction demonstrates the strategic importance of LCH to LCH Group and LSEG, and the commitment to the development of LCH. Following consolidation of its ownership, LCH Group plans to further accelerate the introduction of new products and services to customers through LCH.