LONDON: London Stock Exchange Group (LSEG) today announced that 11 leading global banks have agreed to invest in its Post Trade Solutions business, taking a 20% stake. The investing banks will each become shareholders in Post Trade Solutions, acquiring the stake for aggregate cash consideration of £170 million, valuing the whole of Post Trade Solutions at £850 million….
Tag: LCH Group
Euronext sells 11.1% stake in LCH SA to LCH Group Holdings Limited
PARIS: Euronext, the leading pan-European market infrastructure, today announces it has entered into a definitive agreement for the sale of its 11.1% stake in LCH SA to LCH Group Holdings Limited (LCH Group), for an amount of €111 million. The completion of the transaction is expected to occur in early July 2023. The relevant authorities…