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Evening Standard
Evening Standard
Business
Simon English

Microsoft takes £1.5bn stake in historic London Stock Exchange and signs tech deal

Microsoft London Stock Exchange Group LSE LSEG

The FTSE outperformed its European rivals on Monday as positive news came out of China (Kirsty O’Connor/PA)

(Picture: PA Wire)

THE LONDON Stock Exchange Group made a major step towards the digital world today, signing a 10-year commercial deal with Microsoft which in turn takes a £1.5 billion stake in a business that goes back to 1801.

While the LSE is best known as a trading platform for shares, its data and analytics business Refinitiv, bought in 2019for $27 billion is what has attracted the tech giant founded by Bill Gates.

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