Finance
LSEG completes divestment of stake in Euroclear Holding for $478 million
Published by Global Banking & Finance Review®
Posted on December 12, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 12, 2024
1 min readLast updated: January 27, 2026
LSEG has completed the sale of its 4.92% stake in Euroclear to TCorp for $478 million, marking a significant financial move.
(Reuters) - The London Stock Exchange Group on Thursday said it had completed the divestment of its 4.92% stake in Belgium-based financial services provider Euroclear for 455 million euros($478.89 million).
It sold the stake to TCorp, the financial services partner to the New South Wales government, LSEG said in a statement.
LSEG had bought the stake for about 241.9 million pounds ($308.93 million) in 2019.
Thomson Reuters, the parent company of Reuters, holds a minority stake in LSEG, which is Reuters’ largest news service client.
($1 = 0.9501 euros)
($1 = 0.7830 pounds)
(Reporting by Chandini Monnappa in Bengaluru; Editing by Janane Venkatraman)
The main topic is LSEG's divestment of its stake in Euroclear to TCorp for $478 million.
The Euroclear stake was purchased by TCorp, the financial services partner to the New South Wales government.
LSEG originally purchased the stake for about $308.93 million in 2019.
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