Thomson Reuters Corp and some members of Refinitiv’s management have sold 10.4 million voting shares in London Stock Exchange Group for roughly 745 million pounds ($1.04 billion), a joint bookrunner for the deal said on Friday.
The sales come weeks after LSE completed its $27 billion purchase of data and analytics business Refinitiv.
The major shareholders sold the voting shares in the London-bourse owner at a price of 7,150 pence per share, J.P. Morgan Securities said in a statement, adding that LSE will not receive any proceeds from the sale.
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