LONDON, Dec 9 (Reuters) - The London Stock Exchange Group
said on Wednesday it expects the green light from
outstanding regulatory scrutiny of its $27 billion deal to buy
data and analytics company Refinitiv.
"The Group has received 16 merger control clearances to date
and good progress has been made in relation to outstanding
jurisdictions," the London exchange said in a statement.
The LSE said it has published a prospectus and intends to
re-apply for admission on its own market as the Refinitiv deal
constitutes a reverse takeover under the UK's listing rules.
"All remaining merger control and regulatory approvals are
expected to enable completion of the transaction and admission
in Q1 2021," the LSE said in a statement.
The European Union's competition officials are due to rule
on the takeover in January, and Reuters has reported that the
deal is set to get the green light in Brussels. Reuters' parent
Thomson Reuters owns 45% of Refinitiv.
(Reporting by Huw Jones, editing by Louise Heavens)