Global News Select

LSEG to Buy About GBP500 Million in Shares From Blackstone, Thomson Reuters Consortium

By Mauro Orru

 

London Stock Exchange Group is buying roughly 500 million pounds ($624.5 million) in shares from a consortium that includes Blackstone and Thomson Reuters.

The stock-exchange and financial-information company said Wednesday that the off-market purchase would complete the GBP1 billion of share buybacks it previously said it expected to carry out in 2024.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

May 01, 2024 13:31 ET (17:31 GMT)

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