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LSE says Russell sale 'on track' as revenues surge

Acquisition of Frank Russell helps the London Stock Exchange Group to its highest quarterly revenues on record

Getty Images
Getty Images

The London Stock Exchange Group posted its highest-ever quarterly revenues in the first three months of the year, inflated by contributions from the recently acquired businesses of Frank Russell — including its up-for-sale asset management unit.

The LSE recorded total revenues of £603 million in the three months ended March 31, 2015, according to an interim management statement on Wednesday.

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