August 1, 2020 / 3:55 AM / in 12 days

U.S. closes antitrust probe into London Stock Exchange Group acquisition of Refinitiv

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo

WASHINGTON (Reuters) - The U.S. Justice Department has closed its antitrust investigation into the London Stock Exchange Group’s acquisition of financial markets data firm Refinitiv, saying it would not harm competition or American consumers, the bureau said in a statement on Friday.

The agreement on the approximately $27 billion acquisition was announced last August.

Reporting by Makini Brice; editing by Jonathan Oatis

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