Consortium of investors sells £1.6bn stake in LSEG
London Stock Exchange Group
9,168.00p
17:00 28/05/24
-1.67%
-156.00p
A consortium of investors has sold about £1.6bn worth of shares in London Stock Exchange Group.
Financial Services
14,513.82
16:40 28/05/24
-1.63%
-241.17
FTSE 100
8,254.18
16:54 28/05/24
n/a
n/a
FTSE 350
4,551.43
16:50 28/05/24
n/a
n/a
FTSE All-Share
4,506.79
17:14 28/05/24
n/a
n/a
York Holdings, which is backed by Blackstone, the Canada Pension Plan Investment Board, GIC Special Investments Pte and Thomson Reuters, sold around 17.3m shares in a placing to institutional investors at 9,150p each.
This is a premium of 1.1% to the closing share price on Tuesday.