Stock Market News
LSEG investors raise 2 billion pounds from share sale
2023.09.07 02:56
© Reuters. FILE PHOTO: Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo
LONDON (Reuters) – Investors in London Stock Exchange Group (LON:) including Blackstone (NYSE:) and Thomson Reuters (NYSE:) raised around 2 billion pounds ($2.50 billion) from a share sale in the bourse operator overnight, bookrunners said in a statement on Thursday.
The consortium, which also includes Canada’s CPPIB and Singapore’s GIC, sold around 25.5 million shares at a price of 7,950 pence per voting share to institutional investors. A separate offer to retail investors was also agreed, the statement said.
($1 = 0.7997 pounds)