The London Stock Exchange Group said it expects to complete its billion (£21billion) takeover of data provider Refinitiv in the second half of the year as it posted rising profits. Load Error It comes as the mega-merger, which would line the pockets of bankers, lawyers and other advisers, is facing the scrutiny of European regulators despite LSE shareholders voting overwhelmingly in favour in November. 'We look forward to filing with the European Commission in March, and we are still, from our perspective, on track for closing in the second half of this year,' chief executive David Schwimmer said. The LSE believes data will become much more important to financial markets and investing in future – and buying Refinitiv would give it the edge in this area.
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