JOURNAL ARTICLE

Blackstone, GIC and Others Sell £1.6 Billion Stake in LSEG.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Dakers, Marion 3 of 3

Abstract

A consortium of investors, including Blackstone Inc., has sold shares worth £1.6 billion in the London Stock Exchange Group (LSEG). The consortium, made up of former owners of Refinitiv, sold approximately 17.3 million voting ordinary shares in LSEG at £91.50 each. LSEG will not receive any proceeds from the sale, and Thomson Reuters will no longer hold any interest in the company. The sale was arranged by Barclays, Bank of America, Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/05, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • Accession Number:177245235
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