1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. London Stock Exchange plc
  6. News
  7. Summary
    LSE   GB00B0SWJX34

LONDON STOCK EXCHANGE PLC

(LSE)
  Report
Delayed London Stock Exchange  -  11:35 2022-07-01 am EDT
7522.00 GBX   -1.44%
07/01Clearlake Capital Group, L.P. and Motive Capital Management, LLC completed the acquisition of BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc.
CI
06/30LSEG CEO to Lead Data & Analytics Division in the Interim; Group Says On Track to Reach Guidance
MT
06/30ICE to cease CDS clearing in London in March 2023
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

London Stock Exchange : Singapore watchdog raises concerns about LSE's proposed Refinitiv acquisition

07/02/2020 | 08:18am EDT
The Refinitiv logo is seen on a large screen in Canary Wharf in London

Singapore's competition authority said on Thursday it had raised concerns about the London Stock Exchange's proposed $27 billion acquisition of data and analytics company Refinitiv in an initial review.

The Competition and Consumer Commission of Singapore (CCCS) cited concern about the provision of foreign exchange benchmarks by the merged entity and said it would need to conduct a second phase review to consider the matter in detail.

"Third-party feedback revealed concerns as to whether the merged entity will continue to supply foreign exchange benchmarks at fair, reasonable and non-discriminatory terms to rival providers in the market for the global supply of index licensing and derivatives clearing services to customers globally (including Singapore)," it said.

LSE and Refinitiv declined to comment.

European Union antitrust regulators, which have launched a four-month investigation into the deal, warned in June about the possible anti-competitive effects of the acquisition.

CCCS said it was unable to determine at this stage whether competitors would be able to mitigate the risk of foreclosure by the merged entity of access to the WM/R FX benchmarks.

There was also insufficient information available for CCCS to determine if the competition concerns could be addressed through any existing regulations overseas on the global supply of the WM/R FX benchmarks, CCCS said.

Thomson Reuters, which owns Reuters News, has a 45% stake in Refinitiv.

(Reporting by Aradhana Aravindan in Singapore; Additional reporting by Huw Jones in LONDON; Editing by Edmund Blair)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LONDON STOCK EXCHANGE PLC -1.44% 7522 Delayed Quote.8.54%
THOMSON REUTERS CORPORATION 1.53% 134.19 Delayed Quote.-11.29%
All news about LONDON STOCK EXCHANGE PLC
07/01Clearlake Capital Group, L.P. and Motive Capital Management, LLC completed the acquisit..
CI
06/30LSEG CEO to Lead Data & Analytics Division in the Interim; Group Says On Track to Reach..
MT
06/30ICE to cease CDS clearing in London in March 2023
RE
06/30HSBC Buys Back $21 Million Worth of Shares in London, Hong Kong
MT
06/30London Stock Exchange Group plc Announces Executive Changes
CI
06/30ICE to cease CDS clearing in London in March 2023
RE
06/30London Stock Exchange Group 1st Half Performance in Line With Views
DJ
06/29Norges Bank - Form 8.3 - NortonLifeLock Inc
PR
06/29Three Chinese companies plan Swiss, London listings
RE
06/29HSBC Repurchases Over $21 Million Worth of Shares in London, Hong Kong
MT
More news
Analyst Recommendations on LONDON STOCK EXCHANGE PLC
More recommendations
Financials
Sales 2022 7 386 M 8 886 M 8 886 M
Net income 2022 1 667 M 2 006 M 2 006 M
Net Debt 2022 3 836 M 4 615 M 4 615 M
P/E ratio 2022 25,4x
Yield 2022 1,34%
Capitalization 42 149 M 50 706 M 50 706 M
EV / Sales 2022 6,23x
EV / Sales 2023 5,69x
Nbr of Employees 23 261
Free-Float 59,6%
Chart LONDON STOCK EXCHANGE PLC
Duration : Period :
London Stock Exchange plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LONDON STOCK EXCHANGE PLC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 18
Last Close Price 7 558,00 GBX
Average target price 9 402,36 GBX
Spread / Average Target 24,4%
EPS Revisions
Managers and Directors
David Adam Schwimmer Group Chief Executive Officer & Executive Director
Anna Olive Magdelene Manz Chief Financial Officer & Director
Donald Austin Robert Chairman
Anthony McCarthy Chief Information Officer
David Shalders Chief Operating & Integration Officer
Sector and Competitors