Blackstone, Thomson Reuters Raise £2 Billion in LSE Offering (3)

A consortium of investors including Blackstone Inc. and Thomson Reuters Corp. raised about £2 billion ($2.5 billion) by offloading shares in London Stock Exchange Group Plc via an overnight placing.

The group, which also includes Canada Pension Plan Investment Board and Singaporean sovereign wealth fund GIC, sold 25.5 million shares at £79.50 apiece, according to a statement Thursday. The price represents a 3.8% discount to the exchange operator’s previous close.

The selling consortium is made up of the former owners of Refinitiv, a data services firm that LSEG acquired for $27 billion in 2021. The group has spent much of ...