London Stock Exchange Group plc (LNSTY)
- The Guardian
Tech firm Raspberry Pi readies for London stock market float
Cambridge-based business could be valued at up to £500m and is boost for UK after some companies switched listings
- Reuters
UPDATE 1-LSEG investors offload shares worth $2 bln
A consortium of London Stock Exchange Group's investors sold 1.6 billion pounds ($2 billion) worth of shares in the company, bookrunner Morgan Stanley said on Wednesday, in a deal that ends Thomson Reuters' interest in the firm. The consortium has sold an aggregate of approximately 17.3 million voting ordinary shares at a price of 9,150 pence a share via a placing to institutional investors and a separate offer to retail investors. As a result of the sales, Thomson Reuters will no longer hold any interest in LSEG and the Relationship Agreement will terminate in accordance with its terms, the bookrunner said.
- Bloomberg
Blackstone, GIC and Others Sell £1.6 Billion Stake in LSEG
(Bloomberg) -- A consortium of investors including Blackstone Inc. offloaded shares worth about £1.6 billion ($2 billion) in London Stock Exchange Group Plc, exiting a stake the group inherited when the bourse bought data services firm Refinitiv in 2021. Most Read from BloombergChina Considers Government Buying of Unsold Homes to Save Property MarketHow One of the World's Oldest Hedge Funds Went BankruptFlood of China Used Cooking Oil Spurs Call to Hike US LeviesOpenAI Chief Scientist Ilya Sutsk
