Hints and tips:
...As part of the deal to sell its stake in Refinitiv to the London Stock Exchange, Blackstone received a 40 per cent stake in the LSE....
...“The way we’ve been treated since joining the LSE has done nothing but add fuel to our insatiable fighting spirit,” he wrote on Instagram....
...Paris might have overtaken London to become Europe’s biggest stock market, but when it comes to small-cap nonsense the LSE remains preeminent....
...Brand, one of the driving forces behind LSE Group’s $27bn purchase of Refinitiv and an LSE board member, will leave as chair of Tradeweb after three years....
...“I’ve never felt more cared for in my career,” said Izzo, who recalls being in constant contact with the LSE as well as major ETF providers....
...The launches are among 42 ETPs that Leverage Shares intends to list on the London Stock Exchange on Tuesday, a single-day record for the LSE, surpassing the prior record of 28 set by the same issuer last...
...But there’s sound logic behind this: completing a big M&A deal requires navigating a minefield of bureaucratic and regulatory pitfalls (see: LSE Group’s long-awaited $27bn takeover of Refinitiv on which...
...NYSE’s backtrack threw the decision into doubt, prompting fresh discussions among LSE officials....
...That might explain the real desire behind LSE’s attempt to build a more friendly Spac environment in London....
...The companies need only look at the plight experienced by LSE and Refinitiv in Brussels over their smaller tie-up to get a good indication of what’s to come....
...The LSE refused to surrender confidential trader information to Burford in order to help the company pursue its theory....
...That trade was processed away from the LSE’s main order book and reported after London markets had closed....
...A bid for the LSE itself Sprecher, whose former banker at Goldman was none other than Schwimmer, didn’t comment on a potential bid for the LSE....
...The LSE purchased a 5 per cent stake for £242m earlier this year, valuing Euroclear at just under £5bn....
...Mr Rolet left at the end of November and the LSE is interviewing for a replacement....
...(Businessweek) News round-up Private equity bidders line up bids for Mergermarket owner (FT) LSE looks to cryptocurrency industry for technology sales (FT) EasyJet warns on worse than expected fall in...
...Plato already has a partnership with the LSE’s Turquoise to electronically trade large blocks of shares. The Tradeweb venture is a separate entity, Tradeweb confirmed....
...In its review of the governance crisis at the top of the LSE, Glass Lewis said there had been little evidence that shareholders had lost faith in Mr Brydon....
...The group said it expects to be admitted to trading on the LSE in November....
...It also poses a challenge to UK prime minister Theresa May, who travelled to Riyadh earlier this year with LSE chief executive Xavier Rolet in tow....
...NYSE, LSE and Saudi Aramco all declined to comment....
...Meanwhile, it has put the BBB+ rating on the LSE on watch with positive implications....
...That would likely kill off a nil-premium merger between LSE and Deutsche Börse. LSE investors should be grateful for the intervention of ICE, owner of the venerable New York Stock Exchange....
...Whether Mr Sprecher proceeds with a bid for the LSE — and succeeds in breaking up the planned deal with its German partner — may be unclear....
Briefing of the day’s top stories
International Edition