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The London Stock Exchange is acquiring Refinitiv in order to become a global rival to players like Bloomberg.
The London Stock Exchange Group (LSEG) is acquiring Refinitiv from a Blackstone consortium for $27 billion in a reverse takeover that will “significantly expand” the LSEG’s data and analytics offerings and yield a global capital markets business to rival players such as Bloomberg. The official confirmation of the acquisition follows reports in the press that...
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