London Stock Exchange Group PLC

London Stock Exchange Group Plc engages in the provision of global financial markets infrastructure services. It operates through the following segments: Information Services, Post Trade Services-LCH, Post Trade Services-CC&G and Monte Titoli, Capital Markets, Technology Services, and Other. The Information Services segment refers to subscription and license fees for data and index services provided. The Post Trade Services-LCH segment refers to CCP and clearing services provided, non-cash collateral management, and net interest earned on cash held for margin and default funds. The Post Trade Services-CC&G and Monte Titoli segment is responsible for trades and contracts clearing, and relates to net interest earned on cash, securities held for margin and default funds, and settlement and custody services. The Capital Markets segment pertains to admission fees from initial listing and further capital raises, annual fees charged for securities traded on the group's markets, and fees from secondary market services. The Technology Services segment comprises capital markets software licenses and related information technology infrastructure, network connection, and server hosting services. The Other segment covers events and media services. The company was founded in 1698 and is headquartered in London, the United Kingdom.

EU antitrust regulators opened on Monday a four-month long investigation into the London Stock Exchange's $27 billion bid for data and analytics company Refinitiv, saying the deal may hurt competition in trading, clearing and financial data products.

EU regulators to investigate LSE's $27 billion bid for Refinitiv

Italian Economy Minister Roberto Gualtieri said on Monday the government is closely watching the merger between the London Stock Exchange (LSE) and Refinitiv, and its implications for the Italian bourse owned by LSE.

Italy says closely watching LSE/Refinitiv deal due to implications for Milan bourse

The London Stock Exchange  will not offer concessions to EU antitrust regulators reviewing its $27 billion bid for data and analytics company Refinitiv, two people familiar with the matter said, a move which will likely trigger a four-month probe.

LSE offers no concessions to avert deeper EU probe of Refinitiv deal: sources

There is broad backing in markets for cutting trading hours in a coordinated way across European exchanges, the London Stock Exchange said on Monday.

London Stock Exchange finds broad backing for shorter trading day

The London Stock Exchange said on Tuesday it was committed to completing its $27 billion takeover of data company Refinitiv in the second half of the year, with no plans to revise its savings targets for the deal as a deep recession beckons.

London Stock Exchange committed to Refinitiv deal in pandemic-hit markets

The London Stock Exchange said it has no plans to change its targets for synergies from its planned $27 billion takeover of data and analytics company Refinitiv.

LSE says no plans to revisit savings target from Refinitiv deal

The London Stock Exchange  reported a 13% rise in first-quarter total income to £615 million, driven by increased equity trading in capital markets and higher clearing activity across listed and OTC products. It said  integration planning for the Refinitiv transaction is progressing well and that it remains "committed" to achieving completion in the second half of 2020.

LSE reports 13% rise in income as it intends to pay dividend

The London Stock Exchange Group  said on Monday it had gained approval from the U.S. Committee on Foreign Investment for its $27 billion takeover of analytics firm Refinitiv, judging there were no national security concerns with the deal.

LSE gets U.S. nod for Refinitiv deal

- The London Stock Exchange Group  said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported a rise in annual income driven by a jump in clearing activity.

London Stock Exchange on track to close Refinitiv deal as clearing jumps

NEW YORK, Jan.  24, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today led opening ceremonies at the London Stock Exchange (“LSE”), reflecting Cowen’s strong commitment to serving its clients and providing access to capital markets in the UK and Europe.  A diversified financial services firm with over 100 years of history, Cowen has strategically built and grown a comprehensive, cross-border financial services platform to include equities, credit, prime brokerage, research, and sector-focused investment banking across the U.S. and Europe over the last decade. 

Cowen Opens London Stock Exchange, Reflecting Commitment to UK and European Capital Markets

European competition authorities are expected to rule on the London Stock Exchange's $27 billion takeover of data and analytics company Refinitiv "around the summer", an LSE board member said on Tuesday.

EU decision on LSE-Refinitiv deal expected in a few months: LSE director

Blackstone Group

Thomson Reuters

The London Stock Exchange Group will file its $27 billion merger deal with financial data provider Refinitiv with the European Union antitrust authorities in the coming weeks, the Financial Times reported on Monday.

London Stock Exchange To File $27B Refinitv Merger With The EU Authorities: Report

Two of the United Kingdom's leading financial institutions are being caught up in the political fallout from months of pro-democracy protests in Hong Kong.

Hong Kong protest fallout hits HSBC and the London Stock Exchange

London Stock Exchange  shareholders overwhelmingly backed the exchange's $27 billion takeover of data and analytics company Refinitiv on Tuesday, a deal designed to broaden LSE's trading business and make it a major distributor of market data.

London Stock Exchange shareholders bless $27 billion Refinitiv deal

London Stock Exchange  shareholders met on Tuesday to vote on the exchange's $27 billion takeover of analytics and data company Refinitiv, a deal designed to broaden LSE's trading business and make it a major distributor of market data.

London Stock Exchange shareholders vote on $27 billion Refinitiv deal

London Stock Exchange Group Plc  said on Wednesday its shareholders would vote on Nov. 26 on whether to approve its $27 billion deal to buy data provider Refinitiv.

LSE investors to vote on Refinitiv deal on November 26

LSE,fresh from spurning an unsolicited bid from Hong Kong, will start a global search to replace chief financial officer as it presses ahead with Refinitiv.

LSE CFO To Retire As Exchange Moves To Complete Refinitiv Deal

London Stock Exchange  is mulling an overhaul of its Italian business MTS ahead of a potential merger with data provider Refinitiv, two Italian sources with knowledge of the situation said on Thursday.

LSE Group considers overhaul of MTS business in Italy: sources

Hong Kong's bourse said on Tuesday it has dropped its $39 billion bid to take over London Stock Exchange Group.

Hong Kong exchange drops its $39 billion bid to buy the London Stock Exchange

Bidder says it has been ‘unable to engage’ with the LSE management on the deal.

Hong Kong drops £32bn bid for London Stock Exchange

Hong Kong's bourse on Tuesday scrapped its unsolicited $39 billion approach for London Stock Exchange Group (LSE)   after failing to convince LSE management to back a move that could have transformed both global financial services giants.

Hong Kong bourse pulls plug on $39 billion play for London Stock Exchange

Hong Kong Exchanges and Clearing has dropped its bid to acquire the London Stock Exchange Group.

Hong Kong drops its bid for the London Stock Exchange Group

Hong Kong Exchanges & Clearing Ltd. 388, -1.48% announced early Tuesday, local time, that it will drop its $37 billion bid to buy the London Stock Exchange Group PLC LSE, +0.95% .

Hong Kong Exchanges drops $37 billion bid to buy London Stock Exchange

Some London Stock Exchange investors have told Hong Kong Exchanges and Clearing (HKEX) that any bid must contain more cash and be up to 20% higher to persuade them to engage, three shareholders and a banking source close to the deal said.

Some LSE investors call on Hong Kong exchange to up bid by 20%, add cash

Hong Kong Exchange and Clearing (HKEX) said it was "thinking big" in its $39 billion bid for the London Stock Exchange, but LSE CEO David Schwimmer said he was sticking with his $27 billion acquisition of data and analytics company Refinitiv.

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