29-04-2015 13:53 via news.yahoo.com

LSE in talks with six bidders for Russell Investment - FT

(Reuters) - London Stock Exchange Group Plc is in talks with at least six parties interested in buying Russell Investment Management, the investment arm of LSE-owned Frank Russell Co, the Financial Times reported, citing people close to the process. LSE bought Seattle-based Frank Russell Co last year for $2.7 billion (£1.7 billion) primarily for its large index business and said it would conduct a "comprehensive review" of the company's asset management business. Frank Russell is the owner of t
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