(Sharecast News) - The London Stock Exchange has received US regulatory approval for its $27bn acquisition of analytics company Refinitiv.
The company said on Monday that the Committee on Foreign Investment in the United States had determined "that there are no unresolved national security concerns" with respect to the deal.
The LSE noted the European Commission's statement last Friday encouraging the delay of merger filings amid the Covid-19 outbreak and said it was continuing "to engage constructively" with the EC and other relevant regulators and stakeholders to ensure that all filings and approvals proceed as efficiently as possible.
"We remain committed to closing the transaction during the second half of 2020," it said.
22 Jun 2020 10:29
UPDATE 1-London Stock Exchange's Rathi to head UK financial watchdog
(Adds more detail)LONDON, June 22 (Reuters) - Nikhil Rathi, head of the London Stock Exchange's UK arm, has been appointed as chief executive of the Financial Conduct Authority (FCA), Britain's finance ministry said on Monday.Rathi, a former finan...
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