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LSE to avoid EU regulator with Citi indices unit deal

By Dafydd Nelson and Andrew Boyce ( May 30, 2017, 15:39 GMT | Insight) -- The London Stock Exchange Group is splashing out $685 million on Citigroup's bond analytics business and related indexing unit, in a deal which won't require clearance from the European Commission. The move comes just two months after the EU watchdog rejected a merger between the LSE and rival exchange operator Deutsche Börse — but this time the LSE will sidestep the need to notify Brussels.The London Stock Exchange Group is splashing out $685 million on Citigroup's bond analytics business and related indexing unit, in a deal which won't require clearance from the European Commission....

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