Activist Hedge Fund TCI Boosts Its Investment in M&A Target LSE

  • TCI helped scuttle a prior bid from Deutsche Boerse for LSE
  • Fund now owns a 4.25% stake in the British exchange company

Activist investor TCI Fund Management increased its stake in London Stock Exchange Group Plc, the British market operator in a planned merger with Deutsche Boerse AG, prompting speculation the hedge fund may push for sweeter deal terms.

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