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London Stock Exchange Group sees revenue rise 8%

LSE, which has agreed a merger with German peer Deutsche Boerse, reported a rise in first-quarter revenue on Wednesday, aided by growth at its FTSE Russell, capital markets and clearing units.


An aerial view of the London Stock Exchange Paternoster Square
Vulture Labs | Moment | Getty Images
An aerial view of the London Stock Exchange Paternoster Square

The company, which owns Borsa Italiana as well as the London Stock Exchange, said revenue rose 8 percent to 358.9 million pounds ($522.4 million) in the first quarter ended March 31, beating company supplied average estimates of 350.1 million pounds.

LSEG reiterated the "compelling" logic of its deal with Deutsche Boerse.

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