London Stock Exchange is in talks to buy Refinitiv for about $27 billion including debt, as it seeks to bolster its financial-data business
London Stock Exchange Group PLC said early Saturday it is in advanced discussions to buy financial-information and terminal business Refinitiv Holdings Ltd. from a Blackstone Group Inc.-led consortium for about $27 billion including debt, in one on the biggest bets yet on data as a new source of growth for global exchange operators.
Stock-exchange operators face growing pressure on fees they generate from the buying and selling of stocks amid new competition and computerized trading. That has historically pushed exchange...
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