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LSE gets US approval for Refinitiv deal

Mon, 16th Mar 2020 14:30

(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.

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3 Nov 2020 16:45

Deliveroo chooses JP Morgan to help prepare London IPO

(Sharecast News) - Meal delivery giant Deliveroo has given JP Morgan the mandate, alongside Goldman Sachs, to manage its initial public offering, which could be unveiled within months, Sky News's Mark Kleinman reported.

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3 Nov 2020 11:55

UPDATE 4-Thomson Reuters revenue rise, cash flow outlook lift shares

(Adds share price, detail on cost cuts and tax)By Kenneth LiNov 3 (Reuters) - Thomson Reuters Corp said third quarter revenue rose on gains in its legal and corporates divisions and cost cuts helped lift its 2020 free cash flow outlook, prompting ...

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3 Nov 2020 11:55

UPDATE 3-Thomson Reuters revenue rises, cost cuts lift cash flow outlook

(Adds comments from Thomson Reuters executive)By Kenneth LiNov 3 (Reuters) - Thomson Reuters Corp said its third quarter revenue rose on gains in its legal and corporates divisions, as cost cuts helped lift its 2020 free cash flow outlook.The news...

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3 Nov 2020 11:55

UPDATE 2-Thomson Reuters quarterly revenue rises, lifts cash flow outlook

(Adds further details)Nov 3 (Reuters) - Thomson Reuters Corp said its revenue rose in the third quarter on gains in its legal and corporates divisions, as cost cuts helped the news and information company raise its 2020 free cash flow outlook.The ...

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3 Nov 2020 11:55

UPDATE 1-Thomson Reuters reports higher quarterly revenue, raises cash flow outlook

(Adds more details from the financial report)Nov 3 (Reuters) - Thomson Reuters Corp reported higher revenue for the third quarter on Tuesday and raised its full-year free cash flow outlook for 2020.The news and information provider, which owns Reut...

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3 Nov 2020 11:37

Thomson Reuters reports higher quarterly revenue

Nov 3 (Reuters) - Thomson Reuters Corp on Tuesday reported higher revenue for the third quarter and raised its full year free cash flow outlook for 2020.The news and information provider, which owns Reuters News, said quarterly revenue rose 2% to...

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3 Nov 2020 10:43

UPDATE 1-Frankfurt steps up euro clearing battle with London

(Adds more detail, context)By Huw JonesLONDON, Nov 3 (Reuters) - Deutsche Boerse said on Tuesday it was increasing the incentives for banks to shift clearing of euro-denominated derivatives from London to its Frankfurt operation, the latest salvo ...

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3 Nov 2020 09:45

Frankfurt steps up euro clearing battle with London

LONDON, Nov 3 (Reuters) - Deutsche Boerse said on Tuesday it was expanding incentives for banks to shift clearing of euro-denominated derivatives from London to its Frankfurt clearing unit, the latest salvo in a market battle fuelled by Brexit."W...

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26 Oct 2020 08:53

UPDATE 2-Share trading in Europe set to be fragmented by Brexit

(Adds FCA reaction)By Huw JonesLONDON, Oct 26 (Reuters) - The EU's markets watchdog said on Monday banks and asset managers based in the bloc should execute most of their share trades inside the EU after full Brexit from January, in a step set to ...

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26 Oct 2020 08:53

UPDATE 1-Share trading in Europe set to be fragmented by Brexit

(Recasts with more detail)By Huw JonesLONDON, Oct 26 (Reuters) - The EU's markets watchdog said on Monday banks and asset managers based in the bloc should execute most of their share trades inside the EU after full Brexit from January, in a step ...

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26 Oct 2020 07:52

EU watchdog tweaks post-Brexit share trading rule

LONDON, Oct 26 (Reuters) - Banks in the European Union can continue buying and selling EU-listed shares traded in sterling on platforms in the City of London after the Brexit transition period ends in December, the bloc's securities watchdog said ...

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23 Oct 2020 07:44

London Stock Exchange reports 'resilient' third quarter

(Sharecast News) - London Stock Exchange Group reported a "resilient" performance in its third quarter on Friday, despite "challenging" market conditions, with third quarter total income up 2% to £600m.

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23 Oct 2020 07:36

UPDATE 2-LSE expects Refinitiv deal to close in first-quarter 2021

* LSE posts better-than-expected Q3 income* Says well positioned for Brexit* Refinitiv deal close expected in Q1, 2021 (Adds shares, background)Oct 23 (Reuters) - The London Stock Exchange expects to close its $27 billion purchase of data analytics...

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22 Oct 2020 14:19

Friday preview: Global factory surveys, LSE Group in focus

(Sharecast News) - Investors' focus at the end of the week will be on a raft of survey data for manufacturing and services around the world.

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21 Oct 2020 22:00

UPDATE 1-Euronext resolves mix up of buy and sell orders on trades struck on Tuesday

(Adds company's emailed statement saying issue resolved)By Kanishka SinghOct 21 (Reuters) - Exchange operator Euronext said that there was mix up of buy and sell orders on a number of trades struck on Tuesday and later told Reuters that the issue ...

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