Public feedback sought on London Stock Exchange Group's proposed acquisition of Refinitiv

SINGAPORE - The Competition and Consumer Commission of Singapore is inviting public feedback on the London Stock Exchange Group's proposed acquisition of Refinitiv Holdings.

The US Committee on Foreign Investment has given its nod for the takeover, judging there were no national security concerns with the proposed deal, Reuters reported last month. LSEG said it remained committed to closing the deal in the second half of 2020.

In their application to Singapore's competition watchdog, both parties noted that the transaction"will not raise competition concerns under any plausible market definition, or have any material effect on any relevant market in Singapore".

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