(Bloomberg) -- A consortium of investors including Blackstone Inc. offloaded shares worth about £1.6 billion ($2 billion) in London Stock Exchange Group Plc,...
-- A consortium of investors including Blackstone Inc. offloaded shares worth about £1.6 billion in London Stock Exchange Group Plc, exiting a stake the group inherited when the bourse bought data services firm Refinitiv in 2021.York Holdings, whose backers include Blackstone and affiliates of the Canada Pension Plan Investment Board , GIC Special Investments Pte. and Thomson Reuters , sold roughly 17.3 million voting ordinary shares in LSEG at £91.
“Following successful completion of the placing, the consortium will no longer hold an interest in the company, other than the BCP York Option Shares, and the relationship agreement will terminate in accordance with its terms,” another filing said on Tuesday before the transaction.
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Warren Buffett is hoarding $200 billion as he may see 'storm clouds' ahead, says top economist Steve Hanke
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