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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.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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