London Stock Exchange acquires Refinitv in $27 billion deal

LONDON (AP) — The London Stock Exchange Group says it has agreed to acquire financial data and analytics company Refinitiv for $27 billion in stock and assumed debt in a deal that will help the exchange compete with the likes of Bloomberg as demand for real-time market information expands.
LSE says the current owners of Refinitiv, including investment firm Blackstone and Thomson Reuters, will receive 37% of the group’s stock, valued at $14.5 billion. The stock exchange will also take