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LSEG-Refinitiv: The Day After

Written by Giulia Baldini | Aug 2, 2019 3:28:19 PM

London Stock Exchange Group announced its $27 billion bid for Refinitiv yesterday. What is the Twitterverse saying about the deal?

For one, the buy side is a target demographic.

[embed]https://twitter.com/TabbFORUM/status/1157295753896837120[/embed]

The deal is a boon for Refinitiv bondholders, as LSEG has a stronger credit rating.

[embed]https://twitter.com/LarrySoto/status/1157256002540118017[/embed]

 

The combined company will make a splash in the new-issue market.

[embed]https://twitter.com/lauralevfinance/status/1157284428500090888[/embed]

Regulators are being asked to review whether the combination will boost market data costs.

[embed]https://twitter.com/jeroendossche/status/1157276388702900224[/embed]

For London, the deal is a bullish move amid the bearish backdrop of Brexit.

[embed]https://twitter.com/amarbheenick/status/1157272978368782342[/embed]

A recurring theme is that LSEG-Refinitiv is very much a data-driven deal.

[embed]https://twitter.com/PeterMacaluso2/status/1157270485438218240[/embed]

Lots of accolades on the deal this week, but integration won't be easy...

https://twitter.com/JohnLothian/status/1157254052167782401

...Hence Friday's stock market action.

[embed]https://twitter.com/aliosborne20/status/1157222494388084737[/embed]