London Stock Exchange Group plc - Refinitiv Parent Limited

Acquirer(s)

  • London Stock Exchange Group plc

Target(s)

  • Refinitiv Parent Limited

Summary

London Stock Exchange Group plc (LSEG) proposes to acquire Refinitiv Parent Limited (Refinitiv).

LSEG and Refinitiv are global companies, which are involved in the supply of a broad range of financial markets infrastructure (FMI) products and services. Refinitiv also has a 54% interest in Tradeweb Markets Inc (Tradeweb).

LSEG and Refinitiv (including Tradeweb) overlap in the supply of a number of FMI products and services. A number of the products and services LSEG, Refinitiv and Tradeweb supply are also inputs into other products and/or services supplied by the parties.

Market inquiries

Submissions are invited from interested parties regarding the proposed acquisition.

The closing date for submissions is 24 July 2020. Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: “Submissions re: LSEG/Refinitiv - attention Will Sommers/Georgia Zele.” 

Following the closing date, queries regarding the ACCC's review may be addressed to Will Sommers/Georgia Zele at mergers@accc.gov.au. For more details, please refer to the attached market inquiries letter.

Market inquiries

Document title Date

Timeline

DateEvent
26/06/2020ACCC commenced informal review under the Informal Merger Review Process Guidelines.
24/07/2020Closing date for submissions.
01/10/2020Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).

Project staff

  • Will Sommers
  • Georgia Zele

Contact email