London Stock Exchange Share News (LSEG)

Britain to follow U.S. move to halve stock settlement time

LONDON, March 28 (Reuters) - Britain's stock markets should halve the time it takes to settle a share trade to stay competitive and complete this shift by the end of 2027, a report recommended on Thursday, a step the UK government has backed to play catch up with Wall Street.

Global IPO revival lags first quarter share sales as markets rally

Equity share sales in Q1 reach highest level since 2021

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UPDATE: York consortium sells call options over 10 million LSEG shares

London Stock Exchange Group PLC - London-based stock market operator and data provider - JP Morgan Securities PLC on Tuesday confirms that BCP York Holdings LP sold call options over around 10 million voting shares in LSEG, having announced plans to do so after the London market close on Monday. The call options were sold to Barclays Bank PLC, Merrill Lynch International, Citigroup Global Markets Ltd, Goldman Sachs International, JP Morgan Securities PLC and Morgan Stanley & Co International PLC. The call option shares represent around a 1.9% economic and voting interest in LSEG. BCP York is an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc, and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte Ltd, Thomson Reuters Corp and certain other minority holders. Thomson Reuters didn't participate in the call option transaction.

LONDON BRIEFING: TP ICAP sizes up possible Parameta minority IPO

(Alliance News) - London's FTSE 100 is set for a confident open, as eyes turn to a key bit of US inflation data, the final consumer price reading before the next Federal Reserve decision.

IN BRIEF: Consortium to sell call options over 10 million LSEG shares

London Stock Exchange Group PLC - London-based stock market operator and data provider - JP Morgan Securities PLC says BCP York Holdings LP intends to sell call options over around 10 million voting shares in LSEG. Shares to be sold to Barclays Bank PLC, Merrill Lynch International, Citigroup Global Markets Ltd, Goldman Sachs International, JP Morgan Securities PLC and Morgan Stanley & Co International PLC. The call option shares represent around a 1.9% economic and voting interest in LSEG. BCP York is an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc, and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte Ltd, Thomson Reuters Corp and certain other minority holders. Thomson Reuters will not participate in the call option transaction.

LONDON BROKER RATINGS: Citi, Macquarie cut Virgin Money to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

London Stock Exchange to allow crypto listings after UK FCA clears way

(Alliance News) - The UK Financial Conduct Authority on Monday said it won't stand in the way should recognised investment exchanges choose to create a listed market segment for crypto-asset backed exchange traded notes.

LONDON BROKER RATINGS: ITV, LondonMetric, Man, Domino's get upgrades

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

TOP NEWS: Major shareholders sell London Stock Exchange Group shares

(Alliance News) - The major shareholders of London Stock Exchange Group PLC, including US private equity firm Blackstone Inc and Canadian media outfit Thomas Reuters Corp, sold GBP1.9 billion in LSEG shares, with the UK company buying back GBP500 million of these, the companies said early Wednesday.

Consortium raises £1.4bn in placing of 21.5m LSEG shares

(Sharecast News) - A consortium of investors in London Stock Exchange Group has sold 21.5m shares in a placing, raising around £1.4bn.

TOP NEWS: Blackstone and others to sell GBP1.94 billion LSEG stake

(Alliance News) - A consortium of investors, former shareholders in Refinitiv, on Tuesday announced plans to sell shares in London Stock Exchange Group PLC.

LONDON BROKER RATINGS: Numis cuts St James's Place to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

TOP NEWS: London Stock Exchange set to release first AI products

(Alliance News) - London Stock Exchange Group PLC on Thursday said it has delivered on all the targets it set for its acquisition of Refinitiv and is set to release the first artificial intelligence-based products from its partnership with Microsoft Corp.

LONDON MARKET OPEN: FTSE 100 gets boost from Haleon and Ocado results

(Alliance News) - Stock prices in London opened mostly higher on Thursday, despite some nerves ahead of a key US inflation reading.

LSE expects progress in 2024, says outlook for IPOs ' encouraging'

(Sharecast News) - The London Stock Exchange Group posted modest profit growth for the year just ended and sounded a confident note on the outlook, including for initial public offerings.