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… Read More >>
LSE’s CEO Suddenly Departs Amid Shareholder Battle
LSEG Shareholder Upsets Previously Announced Succession Plan Xavier Rolet stepped down as CEO of the London Stock Exchange Group (LSEG) on Nov. 29 “with immediate effect,” reports the LSEG board, following a controversial move by a key LSEG shareholder. Rolet’s temporary replacement is David Warren, current chief financial officer (CFO) for the LSEG, who will… Read More >>
ICE Mulls Move to Buy London Stock Exchange
Intercontinental Exchange (ICE) officials are acknowledging “recent press speculation” that they may put forth an offer to buy the LSEG, which has gone public with its potential merger of two equals with Deutsche Börse. As outlined by LSEG and Deutsche Börse officials, the potential merger would be “structured as an all-share merger of equals under… Read More >>
