Freshfields Bruckhaus Deringer, Allen & Overy and Simpson Thacher are among the firms advising on the London Stock Exchange’s (LSE) proposed takeover of financial data provider Refinitiv for $27 billion.

The LSE confirmed on Saturday (July 27) that it is in talks with Refinitiv and its investors – which include private equity house Blackstone and Thomson Reuters – about a possible deal for the company.