Microsoft acquires a 4% stake in the London Stock Exchange, valued at around £1.6B, as part of a 10-year agreement for data and cloud infrastructure (Bloomberg)

Bloomberg:

Microsoft acquires a 4% stake in the London Stock Exchange, valued at around £1.6B, as part of a 10-year agreement for data and cloud infrastructure  —  Microsoft Corp. agreed to buy a 4% stake in London Stock Exchange Group Plc in a $2.8 billion cloud-computing deal that pushes big tech further into financial markets.

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