DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 1 Toby Melville - 1 Murray Roos - 1 Blockchain - 1 Roos - 1 Akanksha - 1 Savio D'Souza - 1 Rashmi - 1
Top related locs:
Canary Wharf London Britain LSEG Bengaluru
Top related orgs:
London Stock Exchange - 2 LSE Group - 2 Service - 1 Discover - 1 Truist Financial - 1 Walmart - 1 Bloomberg - 1 Business - 1

Search resuls for: "LSE Group"


4 mentions found


☆ Big deals are back with a $53 billion bang
  + stars: | 2024-02-21 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This week alone, Capital One agreed to acquire Discover for $35 billion, Truist Financial announced a $15.5 billion sale of its insurance arm, and Walmart shook hands to buy TV maker Vizio for $2.3 billion. The trio of transactions, worth a combined $53 billion, have lifted the value of deals announced worldwide this year to $425 billion — a 55% increase from the same period in 2023, Bloomberg estimates. Transactions worth more than $5 billion plunged 60%, from nearly 150 deals in 2021 to fewer than 60 last year, LSE Group found. Potential headwinds include stubborn inflation, a surprise recession, escalating armed conflicts, regulatory crackdowns, and uncertainty over this year's presidential election.
Persons: — Organizations: Service, Discover, Truist Financial, Walmart, Bloomberg, Business, London Stock Exchange, LSE Group, dealmaking, Federal Reserve
☆ LSE Group draws up plans for blockchain-based digital assets business - FT
  + stars: | 2023-09-04 | by ( ) www.reuters.com   time to read: +2 min
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 Acquire Licensing RightsSept 4 (Reuters) - The London Stock Exchange Group (LSEG.L) has drawn up plans for a new digital markets business to offer extensive trading of traditional financial assets on the blockchain technology known for powering cryptocurrency, the Financial Times reported. LSEG is considering using a separate legal entity for the digital markets business, the report said on Monday, adding that it hoped to have it running within the next year, subject to regulatory approvals. The London Stock Exchange Group did not immediately respond to a Reuters request for comment. The reported move comes at a time when a number of mainstream financial institutions are talking about the potential for blockchain to streamline the process of issuing and trading financial assets.
Persons: Toby Melville, Murray Roos, Blockchain, Roos, Akanksha, Savio D'Souza, Rashmi Organizations: London Stock Exchange, REUTERS, Financial Times, LSE Group, LSE, Treasury, London Stock Exchange Group, Thomson Reuters, Reuters, Thomson Locations: Canary Wharf, London, Britain, LSEG, Bengaluru
☆ LSE Group targets Blackstone/Thomson Reuters stake buyback as it raises outlook
  + stars: | 2023-03-02 | by ( ) www.cnbc.com   time to read: +2 min
"In addition to our existing share buyback, we are today announcing plans to seek shareholder approval for a buyback directed towards the Blackstone/Thomson Reuters consortium's stake, which will benefit all shareholders," LSEG Chief Executive David Schwimmer said in a statement. The directed buyback is expected to be up to 750 million pounds by April 2024, LSEG said. Schwimmer said the consortium owned just over 30% of LSEG shares when the Refinitiv deal was completed. Thomson Reuters, the parent company of Reuters News, owned about $5.6 billion worth of LSEG shares as of Jan 31. LSEG said 300 million pounds of a separate, broader 750 million pound share buyback was carried out in 2022, with the remainder to be completed by July 2023.
☆ LSE Group targets Blackstone/Thomson Reuters stake buyback as raises outlook
  + stars: | 2023-03-02 | by ( Huw Jones | ) www.reuters.com   time to read: +4 min
"In addition to our existing share buyback, we are today announcing plans to seek shareholder approval for a buyback directed towards the Blackstone/Thomson Reuters consortium's stake, which will benefit all shareholders," LSEG Chief Executive David Schwimmer said in a statement. The directed buyback is expected to be up to 750 million pounds by April 2024, LSEG said. LSEG said 300 million pounds of a separate, broader 750 million pound share buyback was carried out in 2022, with the remainder to be completed by July 2023. TARGETSLSEG's total income, including recoveries, of 7.743 billion pounds ($9.28 billion) in preliminary results for 2022, was just above analysts' consensus of 7.733 billion pounds, and up from 6.535 billion in 2021. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds.
0 next >>
Total: 4