ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

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

LSEG's Planned Acquisition of Quantile Officially Cleared by UK Regulator

26/10/2022 7:49am

Dow Jones News


London Stock Exchange (LSE:LSEG)
Historical Stock Chart


From Apr 2022 to Apr 2024

Click Here for more London Stock Exchange Charts.

By Ian Walker

 

The U.K. Competition and Markets Authority said Wednesday that it has cleared the London Stock Exchange Group PLC's planned 274 million-pound ($314.3 million) acquisition of Quantile Group Ltd., following an in-depth review of the deal.

The regulator, which said last month that it was provisionally clearing the deal, referred the merger for investigation in May after identifying competition concerns.

"In light of all the evidence, including responses to its consultation on the provisional Phase 2 findings, the CMA considers that the anticipated acquisition will not lead to a substantial lessening of competition between Quantile and its rivals and, therefore, has cleared the deal," the regulator said Wednesday.

In early December, LSEG said it was buying Quantile--a portfolio, margin and capital optimization and compression-services provider.

The stock exchange and financial information company has previously said that it expects to complete the acquisition this year, subject to antitrust and other financial approvals.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

October 26, 2022 02:34 ET (06:34 GMT)

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

1 Year London Stock Exchange Chart

1 Year London Stock Exchange Chart

1 Month London Stock Exchange Chart

1 Month London Stock Exchange Chart

Your Recent History

Delayed Upgrade Clock