Microsoft becomes shareholder in the London Stock Exchange Group

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City AM

By Millie Turner Microsoft has snapped up a stake in the London Stock Exchange Group, as part of a deal to integrate more technology into the World of trading. The London Stock Exchange Group (LSEG) has told investors it will spend £100m over the next three years on a decade-long deal for analytics, cloud and artificial intelligence (AI) infrastructure from Microsoft. As part of the deal, Microsoft will make an equity investment through buying shares in the group, the pair announced today. The group flagged to investors this morning that the deal would cost between £250m and £300m until 2025, …

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