Summary Marketline's Intercontinental Exchange, Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Intercontinental Exchange, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships...
We have become increasingly constructive on LSEG’s investment case as the company is gearing up for stronger growth in the data business and underlying margin expansion. The risk profile is also improving, with capex set to normalise and with leverage at 1.5x at end-2025. LSEG has proven to be a very strong compounder, with 12.8% estimated adj.EPS CAGR in 2024-2027 and c.3% total shareholder return. We upgrade our recommendation to Outperform given the positive risk-reward, and lift our TP to £1...
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