LSE Lays Out Russell Acquisition Proposal

lseceo
Xavier Rolet, CEO, London Stock Exchange

LSE plans to combine its FTSE index business with Russell Indexes, creating a global index business with more than $9 trillion in assets benchmarked to its indexes.

The exchange also says it will review Russell's investment management business and "determine its fit with the group." Industry experts interviewed by IMD after the LSE confirmed merger talks in May agreed that LSE was likely sell or spin off the investment arm, leaving only the index business (IMD, May 26). Virginie O'Shea, a senior

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