The London Stock Exchange says its $27bn acquisition of data giant Refinitiv remains on track to complete this year, despite reports earlier this week that it could be delayed by regulators.

Delivering the exchange’s full-year earnings on Friday, LSE chief executive David Schwimmer said: “Detailed integration planning is underway to ensure we are ready to deliver the benefits of the transaction to our shareholders, customers and other stakeholders. We remain on track to close the transaction in the second half of this year.”