Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Customer service  |  Subscribe   |   Log in or sign up   |   Advertising information   |   Contact us
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Maureen Bozlinski
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
mbozlinski@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

London Stock Exchange to purchase Frank Russell

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon
Associated Press
Published:
LONDON — The London Stock Exchange Group has announced plans to purchase financial services firm Frank Russell Company for $2.7 billion.
The LSE group said Thursday the purchase would provide “a high quality U.S. business” with index and investment management services as part of a diversification strategy.
LSE Chief Executive Xavier Rolet said the acquisition would boost the group’s presence in the U.S. financial services market.
He added the company comes with “a world-class client and employee base.”
It will buy the company from Northwestern Mutual and minority stockholders.
Story tags » Markets & Exchanges

MORE HBJ HEADLINES

CALENDAR

Market roundup