(Sharecast News) - London Stock Exchange shares surged on Wednesday after a report that EU antitrust regulators are set to clear its $27bn (£20.2bn) purchase of data analytics company Refinitiv.
According to Reuters, clearance will be given after LSE adjusted concessions to address competition concerns.
Last month, LSE offered to allow rivals non-discriminatory access to clearing and data for 10 years as part of a package of concessions that included the sale of its Borsa Italiana operations.
At 1505 GMT, the shares were up 9.3% at 8,732p.
29 Jan 2021 08:39
UPDATE 3-LSE looks at 'blank cheque' deals to keep London ahead after Brexit
* No repeat of frenzied U.S. trading in UK so far* LSE has no plans to shift euro clearing out of London* Focus on integrating Refinitiv, cutting debt...