The consortium aims to sell a total of about 43.1 million shares over time in LSEG through the offering, a directed buyback and a sale of call options, bookrunners said
, are launching a sale of roughly 28.3 million shares worth about £2.3-billion , bookrunners for the deal said on Wednesday.
The consortium, which includes Canada’s CPPIB and Singapore’s GIC, aims to sell a total of about 43.1 million shares over time in LSEG through the offering, a directed buyback and a sale of call options, bookrunners said. Thomson Reuters, Blackstone, and GIC did not immediately respond to requests for comment. CPPIB declined to comment.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Thomson Reuters, Blackstone, others to sell $2.9 billion LSEG shares(Reuters) - Investors in the London Stock Exchange Group, including Blackstone and Thomson Reuters, are launching a sale of roughly 28.3 million shares ...
Read more »
Blackstone, Thomson Reuters Plan £2.3 Billion LSE Share SaleA consortium of investors including Blackstone Inc. and Thomson Reuters Corp. are looking to sell about £2.3 billion ($2.9 billion) worth of stock in London Stock Exchange Group Plc.
Read more »
Airbnb, Blackstone to join S&P 500Shares of Airbnb (ABNB) and Blackstone (BX) rising on the announcement they will be joining the S&P 500 (^GSPC) on September 18th. Yahoo Finance Live breaks down the stocks' reaction.
Read more »
Private Credit Funds’ Certainties Offer An Edge, Says Blackstone’s ScottPrivate-lending funds are increasingly becoming the go-to debt providers for buyout firms looking to take companies private.
Read more »
Blackstone’s Private Credit Fund for the Rich Lands $2.4 BillionBlackstone Inc.’s nearly $50 billion private credit fund for affluent individuals attracted the most capital in more than a year, as the asset class sees a rebound in fundraising.
Read more »
Mexico's core inflation to fall to lowest level since late 2021 in August: Reuters pollMEXICO CITY (Reuters) - Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core index expected to ...
Read more »