LSE investors to vote on Refiniv deal on November 26

FILE PHOTO: A man walks past the London Stock Exchange Group offices in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo - Copyright Toby Melville(Reuters)

By Reuters

Published on 06/11/2019 - 17:34•Updated 30/04/2024 - 12:42

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(Reuters) - London Stock Exchange Group Plc <LSE.L> said on Wednesday its shareholders would vote on Nov. 26 on whether to approve its $27 billion (£21 billion) deal to buy data provider Refinitiv.

The LSE agreed to buy the financial information provider in August, in a deal aimed at offering trading across regions and currencies.

The deal was announced 10 months after a Blackstone-led <BX.N> consortium completed a leveraged buyout of Refinitiv from Thomson Reuters <TRI.TO>, the parent organisation of Reuters News.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Edmund Blair and Keith Weir)

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