FRANKFURT, July 27 (Reuters) - German exchange operator Deutsche Boerse DB1Gn.DE said on Saturday it no longer expected to buy some foreign exchange assets from data provider Refinitiv after a rival bid for the whole of Refinitiv from the London Stock Exchange (LSE).
The LSE LSE.L said on Friday it was in talks to buy financial data analytics provider Refinitiv Holdings Ltd for $27 billion, including debt. Boerse AG Executive Board does not expect successful completion of discussions concerning the purchase of certain FX business units," Deutsche Boerse said about its own talks with Refinitiv.
The LSE's approach to Refinitiv comes less than a year after buyout firm Blackstone (NYSE:BX) Group Inc BX.N acquired a majority stake in Refinitiv from Thomson Reuters Corp TRI.TO , valuing the company at the time at $20 billion including debt.
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