 |
Teneo is handling the London Stock Exchange Group as it negotiates a massive $27B (including debt) deal to acquire Refinitiv financial data provider from a consortium led by Blackstone Group.
Known for its Eikon desktop terminals, Refinitiv would put the LSEG in competition with Bloomberg, Intercontinental Exchange Group and CME Group.
The deal would transform the more than 300-year-old LSE from matching up buyers & sellers of stocks into a high-tech seller of financial information/analytics.
The LSEG released a statement July 27 “regarding press speculation” surrounding the deal to confirm takeover talks with Refinitiv.
It called Refinitiv “a leading global provider of financial data and infrastructure, delivering data, insight and analytics tailored to strategic workflows across its four core customer segments; investment and advisory, trading, wealth, and risk management.”
An acquisition would increase LSEG’s global footprint and deepen customer reach.
Teneo’s Philip Gawith (London) and Lucas van Praag (New York-based former global communications chief for Goldman Sachs) handle the LSEG.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
