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CORRECT: London Stock Exchange To Increase LCH Stake By Up To 6.8%

(Correcting that London Stock Exchange is to increase its majority shareholding in LCH by up to ...

Alliance News 14 September, 2017 | 6:56AM
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(Correcting that London Stock Exchange is to increase its majority shareholding in LCH by up to a maximum of an additional 6.8%.)

LONDON (Alliance News) - London Stock Exchange Group PLC announced Wednesday it has entered into agreements with certain minority shareholders of LCH Group Holdings Ltd to acquire further shares in LCH up to a maximum of an additional 6.8% of LCH's share capital.

London Stock Exchange currently has a majority shareholding of 57.8% in LCH and said confirmation of its new total shareholding in LCH will be announced in due course.

By George Collard; georgecollard@alliancenews.com

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
London Stock Exchange Group PLC 3,801.00 GBX -0.24
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