LSE to pay $2.7B for Frank Russell

London Stock Exchange Group is set to acquire Frank Russell, an index compiler and asset manager, for $2.7 billion. The exchange operator calls the deal a "rare opportunity." LSE is particularly interested in the index business and plans to review what to do with the money-management division.

View Full Article in:

Reuters · Wall Street Journal (tiered subscription model), The · Financial Times (tiered subscription model)

Published in Brief: