Refinitiv Acquisition Approved by LSE Shareholders
At the LSEG General Meeting held earlier this month more than 99% of Shareholder votes were in favour of acquiring Refinitiv. The deal is an all share transaction valued at approximately
November 29, 2019 - Editor
Category: Market Infrastructure
At the LSEG General Meeting held earlier this month more than 99% of Shareholder votes were in favour of acquiring Refinitiv. The deal is an all share transaction valued at approximately US$27 billion.
The next step is to obtain relevant antitrust and regulatory clearances. In addition, the FCA and London Stock Exchange need to agree to re-admit LSE’s enlarged voting ordinary share capital to the premium listing segment of the Official List and to trading on London Stock Exchange’s Main Market for listed securities.
The Transaction remains on track to close during the second half of 2020.
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