Turquoise attracts three new investors

London Stock Exchange Group (LSEG) has sold 9% of its stake in the holding company for the merged Turquoise and Baikal businesses to three global banking clients - Barclays Bank, JP Morgan Cazenove and Nomura. Each bank has bought a 3% stake in the business for £1 million in cash. This brings to 12 the number of investment bank shareholders in Turquoise, however, LSEG retains a 51% controlling stake in the business.

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