Blackstone/Thomson Reuters consortium sells £2.7bn of LSEG shares

Sold at a discount

A consortium of investors including Blackstone and Thomson Reuters has sold £2.7bn worth of London Stock Exchange Group shares.

Barclays Bank, one of the bookrunners in the sale, said today (17 May) that the consortium sold a total of 33 million ordinary shares in LSEG at a price of 8,050p per share, a discount of about 5% to the company's last closing price. The placing was upsized from 28 million ordinary shares, as disclosed yesterday (16 May), and represents around 6.5% of the LSEG's issued share capital. LSEG is not a party to the proposed placing and will receive any proceeds, Barclays added. Thomson Reuters investors to receive $2.2bn payout from sale of LSEG shares "The balance of approximately 5.1 ...