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LSEG London Stock Exchange Group Plc

8,998.00
-102.00 (-1.12%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
London Stock Exchange Group Plc LSE:LSEG London Ordinary Share GB00B0SWJX34 ORD SHS 6 79/86P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -102.00 -1.12% 8,998.00 9,012.00 9,016.00 9,240.00 8,992.00 9,200.00 2,378,786 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Admin-gen Economic Programs 8.06B 761M 1.4061 64.11 48.78B

CMA Considers Accepting Undertakings Over LSEG's Quantile Acquisition

03/05/2022 8:17am

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By Joe Hoppe

 

The U.K. regulator said Tuesday that the expected acquisition of Quantile Group Ltd. by London Stock Exchange Group PLC could substantially lessen market competition, and that it is considering accepting undertakings.

The Competition and Markets Authority said that based on the information it has available, it is mulling whether to accept undertakings. Quantile and LSEG have until May 10 to offer undertakings, and if none are offered the CMA will refer the deal for a further probe.

Early in December, London Stock Exchange Group said it was buying Quantile Group--a portfolio, margin and capital optimization and compression services provider--for up to 274 million pounds ($342.3 million).

The stock exchange and financial information company said the acquisition was expected to close in 2022, subject to antitrust and other financial approvals.

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

May 03, 2022 03:02 ET (07:02 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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