LSE Mergers and Acquisitions Presentation Deck
Acquisition of Refinitiv creates significant
value and reshapes the industry
Transforms LSEG's position as a leading global financial markets
infrastructure group
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DEGE ESCUR
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Ability to benefit from global growth opportunities with greater range of leading businesses and enhanced
strategic balance
London
Stock Exchange Group
Significantly enhances LSEG's customer proposition in data and analytics
Combination of valuable datasets with extensive distribution and IP capabilities, boosting revenue opportunities
Creates a global multi-asset class capital markets business
Adds high-growth execution venues in the two largest traded asset classes: FX and fixed income
Deepens and expands our shared core principles of customer partnership and
open access
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Continued partnership with customers to deliver innovative solutions across the financial markets value chain
Note:
(1) Revenue excludes recoveries and includes net treasury income and other income. Growth in 2021 expected to be below the bottom end of this range
Compelling financial profile: Sustainable growth and substantial synergies
- In excess of £350m cost and £225m revenue run rate synergies
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- Revenue (¹) CAGR of 5-7% targeted over the first three years post completion with.70% recurring
subscription-based revenue
Over 30% adjusted EPS accretion in the first full year post completion and increasing in years 2 and 3
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