LSE confirms Russell acquisition talks

Source: London Stock Exchange

London Stock Exchange Group plc (the "Company" or "LSEG") notes the recent press speculation linking the Company, and other parties, to a potential acquisition of Russell and wishes to clarify its position.

LSEG confirms that it is evaluating the merits of a potential transaction involving Russell and is engaged in discussions with The Northwestern Mutual Life Insurance Company, the parent company of Russell.

Discussions remain on-going and there can be no certainty that any transaction will be forthcoming. If a transaction were to proceed, LSEG would intend to part-fund it through an equity raise.

A further announcement will be made in due course as appropriate.

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