London Stock Exchange completes Refintiv deal

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville

LONDON (Reuters) – London Stock Exchange said on Friday that it had completed its $27 billion deal to buy data provider Refinitiv.

“This transformational transaction brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in partnership with customers,” LSE chief executive David Schwimmer said in a statement.

Refinitiv was 45% owned by Thomson Reuters, owner of Reuters News.

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