Press releases 2011
London Stock Exchange plc completes acquisition of outstanding 50 per cent of FTSE International Limited
London Stock Exchange Group plc ("LSEG") today confirms that it has completed the acquisition of the 50 per cent stake in FTSE International Limited ("FTSE") that it does not already own, from Pearson plc, on the terms announced on 12 December.
Separately, LSEG also confirms that the documentation for its new £350 million bank facilities has been completed.
For further information, please contact:
Victoria Brough (Media) +44 (0) 20 7797 1222
Paul Froud (Investor Relations) +44 (0) 20 7797 3322
About London Stock Exchange Group plc
London Stock Exchange Group plc (LSE.L) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including the London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.
The Group is a leading developer of high-performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and strong post-trade services.
Headquartered in London and with significant operations in Italy and Sri Lanka, the Group employs approximately 1,500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com
About FTSE International Limited
FTSE International Limited ("FTSE") is a world-leader in the provision of global index and analytical solutions. FTSE calculates indices across a wide range of asset classes, on both a standard and custom basis. FTSE indices are used extensively by investors worldwide for investment analysis, performance measurement, asset allocation, portfolio hedging and the creation of a wide range of index derivatives, funds, Exchange Traded Funds (ETFs), and other structured products.
FTSE has built an enviable reputation for the reliability and accuracy of our indices and related data services. FTSE has a long tradition of listening and responding to the market so that it is at the forefront of developing new approaches to index design, many of which are now accepted as the market standard. FTSE prides itself in continuing to invest significant resource in researching and developing new index solutions.
The foundation for FTSE's global, regional, country and sector indices is the FTSE global equity universe, which covers over 8,000 securities in 48 different countries and captures 98% of the world's investable market capitalisation. FTSE's flagship global benchmark, the FTSE All-World, is used by investors worldwide to structure and benchmark their international equity portfolios.
Exchanges around the world have chosen FTSE to calculate their domestic indices. These include ATHEX, Bolsas y Mercados Españoles, Borsa Italiana, Bursa Malaysia, Casablanca SE, Cyprus Stock Exchange, IDX, JSE, LSE, NASDAQ Dubai, NYSE Euronext, PSE, SGX, Stock Exchange of Thailand and TWSE. In addition, FTSE works with a variety of companies and associations to deliver innovative index solutions which provide the market with fresh opportunities.
For more information visit www.ftse.com