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(Reuters) – The London Stock Exchange Group Plc (LSE.L) said Saturday that it had discussed the purchase of the Refinitiv data badysis platform for a total value of $ 27 billion by issuing new shares of the LSE group.
Discussions are with a consortium of investment funds affiliated with Blackstone Group Inc. (BX.N) and Thomson Reuters Corp. (TRI.TO), Said LSE in a statement. Blackstone and Thomson Reuters, parent company of Reuters News, hold Refinitiv together
The result of this transaction would be that Refinitiv's shareholders would own approximately 37% of the merged company's capital and less than 30% of the total voting rights of LSE Group, said LSE.
Report by Arathy S Nair in Bengaluru; Edited by Leslie Adler
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