London Stock Exchange Acquires Data Provider, Mergent Inc.

[kreslik.news]

London Stock Exchange Group (LSEG) has entered into a new agreement with Mergent Inc., acquiring 100% of the group’s share capital to help form a new unit of LSEG’s Information Services Division, according to a LSEG filing.

Currently, LSEG’s Information Services Division provides a wide array of information and data products, which includes indexes and benchmarks, real time pricing data, product identification, reporting, and reconciliation services.

The addition of Mergent’s business is important as it will help reinforce an existing suite of data products such as SEDOL, UnaVista, and RNS, among others. The completion of the acquisition is slated for January 31, ... (read more)