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London Stock Exchange full-year profit driven by most IPOs since 2007

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London Stock Exchange Group reported a 19 per cent jump in adjusted full-year pretax profit, helped by a flurry of stock market listings last year, its busiest for initial public offerings in seven years.

[LONDON] London Stock Exchange Group reported a 19 per cent jump in adjusted full-year pretax profit, helped by a flurry of stock market listings last year, its busiest for initial public offerings in seven years.

The 214-year old bourse said adjusted pretax profit rose to 491.7 million pounds (US$748.7 million) in the year ended Dec 31.

REUTERS

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