London Stock Exchange confirms talks to buy Refinitiv for $27bn | Financial Times:
The London Stock Exchange Group has confirmed that it is in advanced talks to buy Refinitiv in a $27bn deal that would turn it into a global exchanges and data powerhouse.
The statement came after talks between the parties were revealed by the Financial Times earlier on Friday.
A deal for Refinitiv, carved out of Thomson Reuters only last year in a deal with Blackstone, would transform the LSE into the main rival to billionaire Michael Bloomberg’s financial news and data empire with annual combined revenues of more than £6bn.
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