London Stock Exchange Group Plc's planned purchase of Refinitiv in a $27 bi...
“It just makes them more competitive and more appealing as a partner for customers because it brings together a lot more than what LSE had before,” said Spencer Mindlin, an Aite Group analyst who focuses on capital markets trading technology.
In its statement, LSE said a deal would help expand its data and distribution capabilities, diversify trading capabilities and increase global footprint, allowing it to benefit from “future data- and technology-enabled growth opportunities.” Patrick Young, an industry consultant at Exchange Invest, said LSE’s deal for Refinitiv would be “a major pivot away from the EU” for the exchange operator.
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