London Stock Exchange owner urged to review sprawl of assets

The London Stock Exchange officers. Photo: Reuters

Elliott Investment Management is pressing London Stock Exchange Group (LSEG) Plc to launch a review of its portfolio and pursue a £5bn (€5.73bn) share buyback over the next 12 months, according to people familiar with the matter.

Paul Singer’s activist hedge fund is calling on LSEG to review its complex structure, which spans a data business, exchange operations and a 51pc stake in US-listed Tradeweb Markets, the people said, asking not be identified discussing confidential information.

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