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LSEG London Stock Exchange Group Plc

8,946.00
-90.00 (-1.00%)
Last Updated: 09:34:30
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
  -90.00 -1.00% 8,946.00 8,944.00 8,948.00 9,010.00 8,930.00 9,000.00 108,754 09:34:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Admin-gen Economic Programs 8.06B 761M 1.4061 63.59 48.39B

U.K. Watchdog Refers LSEG's GBP274 Million Deal for Quantile to In-Depth Investigation

17/05/2022 7:57am

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By Jaime Llinares Taboada

 

The U.K. Competition and Markets Authority said Tuesday that it is referring the acquisition of Quantile Group Ltd. by London Stock Exchange Group PLC to an in-depth investigation.

On May 10, LSEG and Quantile offered undertakings to clear the merger that might be accepted by the CMA. However, the British regulator said Tuesday that this isn't a clear-cut solution to the competition concerns identified, and that it has decided not to accept undertakings in lieu of reference.

In early December, LSEG said it was buying Quantile--a portfolio, margin and capital optimization and compression-services provider--for up to 274 million pounds ($337.6 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 Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

May 17, 2022 02:42 ET (06:42 GMT)

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

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