March 16, 2020 / 12:44 PM / 5 months ago

LSE gets U.S. nod for Refinitiv deal

FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls/File Photo

(Reuters) - The London Stock Exchange Group (LSE.L) said on Monday it had gained approval from the U.S. Committee on Foreign Investment for its $27 billion takeover of analytics firm Refinitiv, judging there were no national security concerns with the deal.

LSE said it remained committed to closing the deal during the second half of 2020.

Refinitiv is 45%-owned by Thomson Reuters (TRI.TO), which owns Reuters News.

Reporting by Tanishaa Nadkar in Bengaluru; editing by Patrick Graham

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