Microsoft to Buy About 4% Stake in LSEG As Part of Partnership

Reuters2022-12-12

Dec 12 (Reuters) - London Stock Exchange Group has launched a 10-year partnership with Microsoft that will see the U.S. tech giant buy an about 4% equity stake in the British company.

Microsoft will buy LSEG shares from the Blackstone/Thomson Reuters Consortium, the bourse operator said on Monday.

Thomson Reuters is the parent company of Reuters News.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
3