BRIEF-LSEG CEO Says No Plans For Divestments After $27 Bln Refinitiv Deal

BRIEF-LSEG CEO Says No Plans For Divestments After $27 Bln Refinitiv Deal
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  • United Kingdom

London Stock Exchange Group Plc: * LSEG CFO DAVID WARREN SAYS "HIGHLY CONFIDENT" OF DELIVERING SAVINGS BY USING REFINITIV PLATFORMS

* LSEG CFO DAVID WARREN SAYS CONSOLIDATION OF PROPERTY FOOTPRINT WILL CONTINUE AFTER REFINITIV DEAL * LSEG CEO SAYS LSE AND REFINITIV BUSINESSES MORE COMPLIMENTARY THAN OVERLAPPING, WILL TALK TO REGULATORS GLOBALLY

* LSEG CEO SAYS WILL WORK THROUGH VARIOUS REGULATORY ISSUES AS THEY COME UP * LSEG CFO SAYS LOT OF OVERLAP BETWEEN LSEG AND REFINITIV IN PROPERTY, TECHNOLOGY AND CORPORATE SERVICES

* LSEG CEO SAYS THERE WILL BE EMPLOYEE RELATED EFFICIENCIES, TOO EARLY TO COMMENT ON NUMBER, LOCATIONS * LSEG CEO SAYS NO PLANS OR INTENTIONS AROUND DIVESTMENTS

* LSEG CEO SAYS STRATEGY HAS BEEN TO BECOME A MORE GLOBAL BUSINESS, REFINITIV DEAL INCREASES EXPOSURE TO NORTH AMERICA * LSEG CEO SAYS VERY EXCITED ABOUT THE GLOBAL FOOTPRINT THAT WILL COME OUT OF REFINITIV DEAL; THAT IS THE DRIVER, THIS IS NOT ABOUT BREXIT

* LSEG CEO SAYS CO FEELS VERY GOOD ABOUT THE VALUATION OF REFINITIV TRANSACTION * LSEG CEO SAYS WON'T COMMENT ON SPECIFIC INTERACTION WITH UK GOVERNMENT ON REFINITIV DEAL

* LSEG CEO SAYS CO HAS BEEN VERY CAREFUL IN KEEPING REGULATORS INFORMED * LSEG CEO SAYS CO PREPARED FOR WHATEVER MAY COME FROM VARIOUS BREXIT SCENARIOS

* LSEG CEO SAYS CONCERNS AROUND MARKET DATA PRICING IS LARGELY A U.S. ISSUE * LSEG CEO SAYS CO WILL CONTINUE WITH OPEN ACCESS POLICY TO CUSTOMERS AFTER REFINITIV DEAL Further company coverage:

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