LSE Mergers and Acquisitions Presentation Deck
Creates a new global financial markets
infrastructure leader
London
Stock Exchange Group
A leading global financial markets
infrastructure business
Successful open access philosophy and
customer partnership approach
- Systemically important, world class
businesses serving global customer base
- Leading global OTC clearer with over
$1,000tn of notional cleared in 2018: LCH
- Leading global multi-asset index company
with $15tn in AuM and $696bn ETF AuM:
FTSE Russell
Leading European equities trading business
Strong track record of top-line organic
growth and strategic M&A
2018 Revenue: £2.1bn (1)
2018 Adj. EBITDA: £1.1bn
1
GLOBAL SCALE AND
GEOGRAPHIC
DIVERSIFICATION
2
WORLD CLASS DATA
CONTENT, MANAGEMENT
AND DISTRIBUTION
CAPABILITY
3
MULTI-ASSET CLASS
CAPITAL MARKETS
FUNCTIONALITY
Note:
(1) Revenue includes treasury income and other income
(2) Revenue excludes recoveries
(3) Refinitiv's performance for the 12 months to 31 December 2018 has been translated from USD to GBP using an FX rate of 1.34
London
Stock Exchange Group
-
REFINITIV
A leading global provider of data, analytics
and financial markets solutions
Open platform promoting partner community,
solutions and efficiency
Global reach and significant customer
connectivity
Best-in-class capabilities in data collection,
management and distribution
- Leading trading venues in FX and fixed
income: FXall and Tradeweb
150,000 data sources, over 10,000 data
partners and 24,000 developer community
- Significant recent investment to accelerate
growth
High quality, highly recurring subscription-
based revenue base
2018 Revenue: £4.3bn (2) (3)
2018 Adj. EBITDA: £1.5bn (³)
Page 8View entire presentation