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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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21 Sep 2020 18:05

UPDATE 1-Ghana plans $500 mln London listing of gold royalty fund - sources

(Adds comment from Ghana's deputy finance minister)By Abhinav Ramnarayan, Clara Denina and Helen ReidLONDON/JOHANNESBURG, Sept 21 (Reuters) - Ghana, Africa's largest gold producer, is planning an up to $500 million listing of its gold royalty fund...

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21 Sep 2020 15:32

Ghana plans $500 mln London listing of gold royalty fund - sources

By Abhinav Ramnarayan, Clara Denina and Helen ReidLONDON/JOHANNESBURG, Sept 21 (Reuters) - Ghana, Africa's largest gold producer, is planning an up to $500 million listing of its gold royalty fund in London in October, though the deal could still...

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21 Sep 2020 13:42

UPDATE 1-EU gives banks 18-months to cut "excessive" reliance on UK clearers

(Adds more detail)By Huw JonesLONDON, Sept 21 (Reuters) - Banks and other financial market participants in the European Union will have until mid-2022 to cut their "excessive reliance" on derivatives clearing houses in Britain, the bloc's executiv...

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21 Sep 2020 13:42

UPDATE 2-EU gives banks 18-months to cut "excessive" reliance on UK clearers

(Adds Bank of England reaction)By Huw JonesLONDON, Sept 21 (Reuters) - Banks and other financial market participants in the European Union will have until mid-2022 to cut their "excessive reliance" on derivatives clearing houses in Britain, the bl...

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21 Sep 2020 11:42

EU executive approves 18-month clearing access for UK

LONDON, Sept 21 (Reuters) - The European Commission has approved a proposal to allow clearing houses in Britain to continue serving European Union customers for 18 months from January, its financial services chief said on Monday."This will ensure ...

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18 Sep 2020 13:03

Britain's financial watchdog sets out rules for cannabis listings

LONDON, Sept 18 (Reuters) - Britain's markets watchdog opened the door to cannabis company listings on Friday by setting out how it would navigate laws to prevent pocketing proceeds from criminal use of the drug.The Financial Conduct Authority set...

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18 Sep 2020 12:54

GLOBAL MARKETS-Stocks weighed down by virus angst, lack of stimulus

* "Quadruple witching" spells volatility risk* Global stocks head for first weekly gain in three* FTSE slips as Britain announces new restrictions* Yen, yuan shine as pressure returns to USD* Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgnBy...

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18 Sep 2020 10:08

UPDATE 2-Travel stocks slump in Europe as virus cases surge, banks drag

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* Travel stocks slide after talks of second UK lockdown* Euronext jumps on exclusive talks to acquire Borsa Italiana* Bankia-Caixabank merger fails to boost banking stocks* STO...

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18 Sep 2020 09:55

GLOBAL MARKETS-Stocks weighed down by virus angst, lack of stimulus

* "Quadruple witching" spells volatility risk* Global stocks head for first weekly gain in three* Oil jumps on output outlook* Yen, yuan shine as pressure returns to USD* Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgnBy Tom Arnold and Tom W...

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18 Sep 2020 07:42

UPDATE 4-LSE picks Euronext as preferred bidder for Borsa Italiana

(Adds Euronext comments, analyst, updates shares)By Huw Jones, Valentina Za and Maya NikolaevaLONDON/MILAN/PARIS, Sept 18 (Reuters) - London Stock Exchange entered exclusive talks to sell Borsa Italiana to Euronext on Friday, with the French operat...

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18 Sep 2020 07:42

UPDATE 3-LSE engages Euronext in exclusive Borsa Italiana talks

(Adds further detail, share prices)By Huw JonesLONDON, Sept 18 (Reuters) - London Stock Exchange entered exclusive talks on Friday to sell Borsa Italiana to Euronext, with the French operator seeing off bids by Deutsche Boerse and Switzerland's Si...

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18 Sep 2020 07:42

UPDATE 2-LSE picks Euronext's Borsa Italiana bid for exclusive talks

(Adds more detail)LONDON, Sept 18 (Reuters) - London Stock Exchange entered exclusive talks on Friday to sell Borsa Italiana to France's Euronext, seeing off competing bids from Deutsche Boerse and Switzerland's Six.The LSE is selling the Milan st...

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18 Sep 2020 07:42

UPDATE 1-LSE picks Euronext Borsa Italiana bid for exclusive talks

(Adds detail)Sept 18 (Reuters) - London Stock Exchange said on Friday it had entered into exclusive talks to sell Borsa Italian to France's Euronext after reviewing a group of competing bids for the Milan stock exchange.LSE said it would consider ...

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18 Sep 2020 07:38

LSE in exclusive talks with Euronext over Borsa Italiana sale

(Sharecast News) - London Stocks Exchange confirmed on Friday that it has entered into exclusive discussions with Euronext over the sale of Borsa Italiana, as it looks to get regulatory approval for its acquisition of data provider Refinitiv.

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18 Sep 2020 07:24

LSE picks Euronext Borsa Italiana bid for exclusive talks

Sept 18 (Reuters) - London Stock Exchange said on Friday it had begun exclusive talks with Euronext on a sale of Borsa Italiana after reviewing a group of competing bids for the Milan stock exchange.(Reporting by Muvija M in Bengaluru; editing by ...

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