Stock Market News
Blackstone, Thomson Reuters consortium looks to sell further $3 billion LSEG shares
2023.05.16 12:37
© Reuters. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville
LONDON (Reuters) – An investor consortium including U.S. buyout firm Blackstone (NYSE:) and Thomson Reuters (NYSE:), the publisher of Reuters News, is looking to sell around $3 billion worth of shares in the London Stock Exchange Group (LON:), according to a bookrunner message on Tuesday.
The accelerated stock offering, unveiled after the market close, includes some 28 million shares representing a voting interest of approximately 5.5% in the group.