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London Stock Exchange announces acquisition of Frank Russell Company

Friday 5th December 2014

This week the London Stock Exchange Group plc (LSEG) announced that it had completed the acquisition of the Frank Russell Company (Russell).
LSEG says that the comprehensive review of Russell’s investment management business is on track to be completed early in the New Year.
Commenting on the acquisition, Xavier Rolet, Chief Executive of LSEG said: “Today marks a significant step for the Group. Russell significantly enhances LSEG's presence in the US, the world's largest global financial services market, further expanding our global footprint and diversifying our customer and product base.” 
“We are delighted today to welcome Russell to the Group, and we are looking forward to working with new colleagues, new customers and new partners around the world.”

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