The London Stock Exchange Group (LSEG) has inked a deal to buy financial data provider Refinitiv for a total enterprise value of US$27billion from a consortium including investment funds affiliated with Blackstone as well as Thomson Reuters.
According to LSEG, the transaction brings together two highly complementary business to create a leading, UK Headquartered, global financial markets infrastructure provider with leading data and analytics business.
Skrine acted as Malaysian counsel to LSEG for the transaction. The team was led by corporate partner, Addy Herg, supported by associates Alex Lian, Tan Wei Liang and Ting Shi Jing.
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