Microsoft to buy about 4% stake in LSEG as part of 10-year commercial deal
By
Biju Kumar
Microsoft will buy about 4% equity stake in London Stock Exchange Group as part of a 10-year commercial deal to migrate the bourse operator’s data platform into the cloud, the British company said on Monday.
Microsoft will buy LSEG shares from the Blackstone/Thomson Reuters Consortium, the bourse operator said.