2023-05-19 07:48:15 ET
- Thomson Reuters ( NYSE: TRI ) said Friday it expects to get ~$1.52B of pretax net proceeds from the sale of London Stock Exchange Group ( OTCPK:LDNXF ) ( OTCPK:LNSTY ) shares it indirectly owned.
- On Thursday, certain funds affiliated with Blackstone ( BX ) and Thomson Reuters ( TRI ) sold 33M LSEG shares they co-owned at a price of £80.50 per share. Thus, TRI indirectly owned ~15.3M shares. It will own ~32M London Stock Exchange Group shares, the company said.
- Blackstone ( BX ) and Thomson Reuters ( TRI ) had acquired the shares when the group sold Refinitiv data and analytics business to LSEG in 2021 .
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Thomson Reuters to get $1.52B from sale of London Stock Exchange shares