LSEG announced the $27 billion acquisition of Refinitiv in August 2019. The transaction was subject to an in-depth review from European competition authorities, among other global regulators and completed in early 2021. Adding to the complexity was the fact that the majority of the integration efforts for the acquisition were completed virtually, given the global impact of the COVID-19 pandemic in 2020 and 2021.
The transaction was transformational for LSEG: both strategically and financially. It brought together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in partnership with customers.