Blackstone-Thomson Reuters consortium launches sale of $2 bln LSEG stake

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 7 (Reuters) - A consortium of Blackstone and Thomson Reuters , the publisher of Reuters News, on Tuesday launched a sale of 23 million shares in the London Stock Exchange Group , according to a term sheet seen by Reuters. The shareholders, which maintain a stake in LSEG after selling data provider Refinitiv to the UK bourse operator, are looking to raise in the region of 1.7 billion pounds ($2.01 billion)through the sale. ($1 = 0.8437 pounds) (Reporting by Pablo Mayo Cerqueiro Editing by Tomasz Janowski)

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