LSEG claims strong first quarter

The London Stock Exchange group is reporting what it describes as a strong performance in the first quarter of the year, with all main business divisions delivering growth on an organic and constant currency basis. Total income from continuing operations rose 9% to £387.6m.

Updating the world at large on the merger with Deutsche Börse announced in March 2016, the LSE says that shareholder documents are currently being prepared.

The sale of Russell Investment Management, for gross proceeds of $1.15bn, is on track to complete in Q2 2016, it says.