BREAKING: LSE in $40 billion merger talks to merger with Blackstone backed Refinitiv, according to the FT - Part 2
So, the Financial Times deals team nailed it.
Below is a link to the confirmation, which shows this mega merger is being structured with the LSE buying Refinitiv for $27 billion.
In return, Blackstone and its pension fund/ sovereign wealth chums are getting a stake in the LSE...
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