Trading

LSE sticks to Refinitiv timetable despite EU antitrust disruption from Covid-19

The coronavirus pandemic is disrupting the European Commission's ability to scrutinise transactions

LSE sticks to Refinitiv timetable despite EU antitrust disruption from Covid-19
Photo: iStockPhoto

The London Stock Exchange remains determined to complete its $27bn acquisition of Refinitiv this year, despite the coronavirus pandemic causing disruption to the European Union’s antitrust process for all companies.

The LSE wants to move deeper into the business of selling data and analytics with its acquisition of Refinitiv, as well as expand its presence in fixed-income and currencies trading. It revealed on 16 March that a key US agency has given the green light to the deal.

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