BRUSSELS, Sept 8 (Reuters) - EU antitrust regulators have
set a new Dec. 16 deadline for their decision on the London
Stock Exchange's $27 billion takeover of data company
Refinitiv after resuming their investigation into the deal.
The European Commission had temporarily halted scrutiny of
the deal in July while waiting for the companies to provide data
it had requested.
The EU's competition regulator has voiced concerns that a
combination of LSE's bond-trading platform MTS and Refinitiv,
which owns bond platform Tradeweb, would have a large market
share in European government bond trading.
LSE is now looking to sell Italian stock market Borsa
Italiana, which it bought for 1.6 billion euros ($1.89
billion)in 2007, to address such concerns. Other concessions
though are likely to be required.
($1 = 0.8467 euros)
(Reporting by Foo Yun Chee, editing by Louise Heavens)