01 Aug 2019 Factbox: LSE bolsters data, enters forex with Refinitiv deal

London Stock Exchange Group has agreed to buy Refinitiv for $27 billion (£22.3 billion), broadening its global footprint in financial data and market infrastructure to compete better with rivals like ICE and CME.

Apart from the London exchange, LSE owns the Milan stock exchange and Turquoise, a pan-European share trading platform that has opened a hub in Amsterdam as a hedge against Brexit.

Read the full story here:  https://uk.reuters.com/article/uk-refinitiv-m-a-lse-factbox/factbox-lse-bolsters-data-enters-forex-with-refinitiv-deal-idUKKCN1UR46G?il=0