LSE’s $27 Billion Refinitiv Deal on Track for 2021; Shares Jump

  • London exchange doesn’t need to make further major concessions
  • Refinitiv deal part of consolidation wave among data providers
Photographer: Luke MacGregor/Bloomberg
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London Stock Exchange Group Plc’s $27 billion purchase of data provider Refinitiv is on track to win approval from European Union regulators early next year.

The LSE doesn’t need to make any further major concessions to secure approval from the European Commission, according to a person familiar with the matter, who asked not to be identified.