Blackstone, Thomson Reuters Sell £1.9 Billion of LSEG Shares (1)

Blackstone Inc., Thomson Reuters Corp. and other investors have sold a 4% stake in the London Stock Exchange Group Plc as they continue to sell down their holdings in the market infrastructure and data provider.

The offering saw the consortium of investors dispose of 21.5 million shares by way of a placing and a directed buyback, according to a regulatory filing on Wednesday. Sellers also include the Canada Pension Plan Investment Board and GIC, who are members of the consortium of former investors in Refinitiv, which LSEG acquired.

Institutional investors bought about 15.9 million shares for £1.4 billion ($1.8 ...