Reported 4 months ago
London Stock Exchange Group and S&P Global are reportedly among the potential bidders for data provider Preqin, as advised by Goldman Sachs, with the sale estimated to raise over $2 billion. Preqin, specializing in alternative investment industry data, was founded in 2003 and had revenues of 134 million pounds in 2022. The UK-based company operates in more than 90 countries and has seen growth through acquisitions. LSEG's interest in Preqin aligns with its strategy following the acquisition of Refinitiv in 2021.
Source: YAHOO