US closes antitrust probe into LSE Group acquisition of Refinitiv

The agreement on the approximately $27 billion acquisition was announced last August

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The department said it would not harm competition or American consumers.
Reuters WASHINGTON
1 min read Last Updated : Aug 01 2020 | 10:27 AM IST

WASHINGTON (Reuters) - The U.S. Justice Department has closed its antitrust investigation into the London Stock Exchange Group's acquisition of financial markets data firm Refinitiv, saying it would not harm competition or American consumers, the bureau said in a statement on Friday.

The agreement on the approximately $27 billion acquisition was announced last August.

 

(Reporting by Makini Brice; editing by Jonathan Oatis)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :London Stock Exchangeantitrust lawUS antitrust case

First Published: Aug 01 2020 | 10:19 AM IST

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