The Refinitiv deal will expand LSE's trading business and make it a major distributor and creator of market data.
LONDON: The London Stock Exchange expects to close its $27 billion purchase of data analytics company Refinitiv in the first-quarter of next year, as the group reported forecast-beating third-quarter income.
The Refinitiv deal will expand LSE's trading business and make it a major distributor and creator of market data. The transaction was announced last year but ran into regulatory hurdles in Europe as regulators raised concerns about its market share in European bond trading.
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