|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.38 - 26.62|
|52 Week Range||20.06 - 27.09|
|Beta (5Y Monthly)||0.37|
|PE Ratio (TTM)||60.40|
|Forward Dividend & Yield||0.32 (1.21%)|
|Ex-Dividend Date||Apr 20, 2023|
|1y Target Est||30.01|
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London Stock Exchange Group said on Thursday its group Chief Financial Officer Anna Manz would relinquish her role next year to take a similar position outside the financial industry. Manz will remain in her job and serve as a member of the LSEG board until May 2024 as part of her notice period. LSEG Chairman Don Robert said the search for a successor to Manz, who has held the position since November 2020, was underway.
UK plays catch-up in chips war with £1bn semiconductor strategy
(Bloomberg) -- A consortium of investors including Blackstone Inc. and Thomson Reuters Corp. sold £2.7 billion ($3.4 billion) worth of stock in London Stock Exchange Group Plc, two months after their last disposal of the company’s shares.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsA 32-Year-Old Nears Billionaire Status by Using AI to
An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock Exchange Group worth about 2.7 billion pounds ($3.41 billion), a bookrunner said on Wednesday. The placing of shares, which was upsized from 28 million, was at a price of 8,050 pence per share, a discount of about 5% to LSEG's last closing price. Shares in LSEG fell as much as 5.1% at 8038 pence in early trading.
The placing of shares, which was upsized from 28 million, was at a price of 8,050 pence per share, a discount of about 5% to LSEG's last closing price. Shares in LSEG fell as much as 5.1% at 8038 pence in early trading. The stock sale follows an earlier sale of more than $2 billion shares in March by Blackstone and Thomson Reuters, which became LSEG shareholders when they sold financial data firm Refinitiv to the bourse operator in 2021.
Immunocore got its start in Bell’s lab more than 20 years ago, but as the company grew, they needed to find investors. But after that series A round when it came time to raise more money, funding in the UK dried up.
An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters , the publisher of Reuters News, is looking to sell around $3 billion worth of shares in the London Stock Exchange Group, according to a term sheet shared by an investment bank involved in the sale on Tuesday. Blackstone and Thomson Reuters did not immediately respond to a request for comment. LSEG declined to comment.
LONDON (Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters, the publisher of Reuters News, is looking to sell around $3 billion worth of shares in the London Stock Exchange Group, according to a term sheet shared by an investment bank involved in the sale on Tuesday. Blackstone and Thomson Reuters did not immediately respond to a request for comment. LSEG declined to comment.
Key Insights Given the large stake in the stock by institutions, London Stock Exchange Group's stock price might be...
Stock market reforms would ‘pass greater risk to investors’, FCA says.
Brexit “idiocy” is to blame for shrinking the London stock market, the founder of Arm has claimed.
London Stock Exchange Group on Thursday reaffirmed financial targets for the year and secured shareholder approval for a previously announced buyback of shares from the Blackstone/Thomson Reuters consortium. LSEG bought data and analytics company Refinitiv for $27 billion from the consortium in January 2021. "As we continue our shift from integration to transformation, we are confident of making further progress through the rest of the year," LSEG Chief Executive David Schwimmer said in a first-quarter trading update.
China's ambitious plan to get its companies listed in London and Zurich stock markets needs fine-tuning, analysts say, as the sparse liquidity in traded Chinese companies there has created market arbitrage opportunities for investors. The Shanghai-London Stock Connect has seen only five Chinese companies issue Global Depository Receipts (GDRs) in London in its four years of operation, and another 13 are listed in Switzerland via a younger rival Connect link.
London Stock Exchange Group plc ( LON:LSEG ) stock is about to trade ex-dividend in 4 days. The ex-dividend date occurs...
LCH said its partnership with trading venue GFO-X shows its commitment to the growing crypto asset class
London Stock Exchange Group has teamed up with Global Futures and Options (GFO-X) to offer Britain's first regulated trading and clearing in bitcoin index futures and options derivatives, the companies said on Thursday. Britain, which aims to become a global hub for crypto technology, launched a public consultation earlier this year on future rules for cryptoassets, which are currently unregulated. GFO-X, which is licensed by the UK's Financial Conduct Authority, is a start-up platform aimed at global institutional investors who want to trade digital asset derivatives.
London Stock Exchange Group plc ( LON:LSEG ) has announced that it will be increasing its dividend from last year's...
Thomson Reuters Corp said on Tuesday it would return $2.2 billion to shareholders through a cash distribution and a reverse stock split after selling some of its shares in the London Stock Exchange Group. Thomson Reuters, the parent company of Reuters News, said in February it planned to return $2 billion in capital to shareholders and possibly conduct a share stock split after it completes a $2 billion buyback program in the second quarter. The distribution consists of $4.67 per common share while the reverse stock split will reduce the number of outstanding common shares on a basis proportional to the cash distribution, the news and information company said in a statement.
Investors are searching for more tax-efficient options
An Australian finance company is gearing up for a £200m London listing in a boost for the City’s beleaguered stock market.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Britain’s biggest listed companies now make more money in America than at home, according to a review of market data.
The number of women working in the City has fallen by a third since the 1990s as administrative roles like secretaries disappear from the Square Mile.
An investor consortium including Blackstone and Thomson Reuters, the parent company of Reuters News, is selling 1.7 billion pounds ($2.01 billion) worth of shares in the London Stock Exchange Group to trim its joint stake. Investment banks managing the sale of 23 million LSEG shares had orders for all the stock in the offering, according to bookrunner messages seen by Reuters after close of markets on Tuesday. The transaction follows the publication of LSEG's 2022 earnings last week, which showed an increase in total income to 7.74 billion pounds from 6.54 billion pounds the year prior, beating analysts expectations.