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Last month LSE agreed to buy Refinitiv for $27b, so reasonable to assume the bulk of the value in LSE is that purchase.
by tempsy 7y ago
Last month LSE agreed to buy Refinitiv for $27b, so reasonable to assume the bulk of the value in LSE is that purchase.
- bradj 7y agoIt looks like this deal is actually conditional on LSE dropping the Refinitiv deal.
- robocat 7y agoNot at all: acquisitions can be funded by debt i.e. LSE could have borrowed $27b to buy their strategic asset. It is a "cash-and-share" transaction, the cash is borrowed. If it were shares only, you take ownership and you give $27b of newly minted shares to the previous owners (as a very crude approximation). Of course, there's a lot more going on than just the above!