The London Stock Exchange Group this month announced terms to acquire data provider Refinitiv for $27 billion. Together, LSEG and Refinitiv would be the largest listed global financial markets infrastructure provider by revenue, with annual revenues of over £6 billion (U.S. $7.3 billion) in 2018.

“There can be no certainty that a transaction will be forthcoming,” LSEG said in a statement. “Any transaction would be conditional, inter alia, upon the approval of LSEG shareholders and anti-trust and regulatory clearances, as well as other customary conditions.”

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...