LSEG
In this week’s podcast, Colin Lambert casts his eye over a new challenge facing Refinitiv Benchmarks over the London 4pm Fix – something he confesses to not have even considered in the past, and then gives his thoughts on a small, but potentially important change at CME Group on its FX Link service. He is […]
Singapore’s Competition and Consumer Commission (CCCS) says it wants a full, in-depth review of the proposed takeover of Refinitiv by London Stock Exchange Group (LSEG), citing in particular the dominant position of the WM/R FX benchmark as a concern going forward. Based upon information supplied by the parties, the CCCS says it has raised competition […]
The European Commission (EC) has opened an in-depth investigation to assess the proposed $27 billion acquisition of Refinitiv by the London Stock Exchange Group (LSEG) under European Union Merger Regulation. The Commission says it is concerned that the proposed acquisition may reduce competition in trading and clearing of various financial instruments and in financial data […]
Hong Kong Exchanges and Clearing Limited (HKEX) has announced that it will not make an offer for the London Stock Exchange Group plc (LSEG), despite proposing a deal to combine the companies last month worth £31.6 billion. “The board of HKEX continues to believe that a combination of LSEG and HKEX is strategically compelling and […]
Although there was plenty of news for Profit & Loss’ managing editor, Colin Lambert, and editor, Galen Stops, to get their teeth stuck into this week, the duo focused on just three main stories. First of all, they discuss the news that former HSBC head of cash FX trading, Mark Johnson, has lost his appeal […]
The board of the London Stock Exchange Group (LSEG) has unanimously rejected the unsolicited offer made earlier this week by Hong Kong Exchanges and Clearing (HKEX) to acquire the entire share capital of LSEG. “The board has fundamental concerns about the key aspects of the Conditional Proposal: strategy, deliverability, form of consideration and value,” says […]
Hong Kong Exchanges and Clearing (HKEX) has made a proposal to the board of the London Stock Exchange Group (LSEG) to combine the two companies in a deal worth £31.6 billion. This deal would scupper the proposed $27 billion deal for LSEG to buy Refinitiv. “LSEG and HKEX are two of the world’s premier market […]
Galen Stops gives his take on the five key questions to be asking following the announcement of LSEG’s proposed acquisition of Refinitiv. The news that London Stock Exchange Group (LSEG) is set to acquire Refinitiv in a deal worth $27 billion certainly caused a lot of excitement and intrigue within the financial services industry when […]
There is one item – and a lot of questions – on the run sheet for this week’s In the FICC of It podcast as Colin Lambert and Galen Stops take a long hard look at the London Stock Exchange Group’s $27 billion for Refinitiv. Not least, Stops wants to know, is this the trigger […]
I think it is fair to say that the London Stock Exchange Group was the dark horse in the chase to buy Refinitiv, after all, LSEG has a long and no-so-proud history when it comes to M&A – over the years it has been mentioned as a buyer of Icap, NEX Group and Deutsche Borse, […]
