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London Stock Exchange goes after Bloomberg’s data crown with Microsoft deal

Deal strengthens challenge to Bloomberg’s financial data business, analysts say

Melding LSEG’s data and Microsoft’s tech represents the biggest threat yet to Bloomberg’s financial-data business
Melding LSEG’s data and Microsoft’s tech represents the biggest threat yet to Bloomberg’s financial-data business Photo: Jose Sarmento Matos/Getty Images

The London Stock Exchange has staked its future on financial data.

A new deal with Microsoft means it poses a bigger threat to industry leader Bloomberg, analysts say.

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