European Commission Approves LSEG’s Refinitiv Acquisition

The London Stock Exchange Group (LSEG) has received approval from the European Commission for its $27 billion acquisition of Refinitiv following an in-depth investigation into the mega-merger. The LSEG said in a statement that following the approval, the transaction remains subject to a small number of merger control and financial regulatory authority approvals but that it expects the deal to be completed within Q1 of this year.