London Stock Exchange $685 million acquisition of Citigroup's Yield Book and Fixed-Income indices

Overview:

• The London Stock Exchange (LSE) has acquired Citigroup's Yield Book and Fixed-Income indices for $685 million.
• The acquisition includes the World Government Bond Index and is likely to close in the second half of 2017 subject to regulatory clearance.
• The Yield Book and Citi Fixed Income indices are both leading providers of fixed income indices and analytics.
• The businesses have a client base of more than 350 institutions analysing fixed income instruments including mortgage, government, corporate and derivative securities.
• This is LSE's first big deal since its failed merger with Deutsche Boerse - Deutsche Boerse and London Stock Exchange merger.

Katrin Kostadinova - Data analyst