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LSE’s $27B Refinitiv Deal To Get EU Approval In 2021

By  |  December 2, 2020

London Stock Exchange’s (LSE) US$27 billion purchase of data provider Refinitiv is on track to win approval from European Union regulators early next year, reported Reuters.

LSE doesn’t need to make any further major concessions to secure approval from the European Commission, according to a person familiar with the matter, who asked not to be identified.

The European Commission’s provisional deadline to rule on the deal is January 21. Spokespeople for LSE and European Commission declined to comment.

Reuters reported Wednesday, December 2, that antitrust regulators are set to approve the LSE deal, according to people. Reuters reported that the LSE had tweaked concessions to address competition concerns, without providing details of the changes.

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