{
  "docId": "019de06f-dc47-73dd-824b-51af2b3018ff",
  "docSlug": "3a85ceb55157367c5f31469de703b22b",
  "documentTitle": "LSE | Mergers and Acquisitions Presentation Deck | 43 slides",
  "authorId": "lse",
  "authorName": "London Stock Exchange Group",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 9,
  "pageCount": 43,
  "prevPage": 8,
  "nextPage": 10,
  "slideType": "thesis_headline",
  "function": "present_solution",
  "density": "overcrowded",
  "nDataPoints": 8,
  "notes": "The slide uses a central pillar structure to highlight three key strategic pillars of the combined entity.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-dc47-73dd-824b-51af2b3018ff/9",
  "deckHref": "/decks/019de06f-dc47-73dd-824b-51af2b3018ff",
  "deckJsonHref": "/decks/019de06f-dc47-73dd-824b-51af2b3018ff.json",
  "deckAnchorHref": "/decks/019de06f-dc47-73dd-824b-51af2b3018ff#slide-9",
  "components": [
    {
      "bbox": {
        "h": 0.5,
        "w": 0.2,
        "x": 0.4,
        "y": 0.25
      },
      "kind": "diagram",
      "text": "Strategic Pillars: 1. Global Scale, 2. Data Content, 3. Multi-Asset Functionality",
      "attrs": null,
      "subkind": "process",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8b9915a4-0266-4906-a150-1b3061aac7fe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "disclaimer",
      "text": "Note: Revenue includes treasury income and other income. Revenue adjusted for business not transferred and excludes recoveries. Refinitiv's performance for the 12 months to 31 December 2018 has been translated from USD to GBP using an FX rate of 1.34",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e911868d-af76-4271-95ee-c792d4d551cf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.2,
        "x": 0.12,
        "y": 0.23
      },
      "kind": "image",
      "text": "London Stock Exchange Group",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e3f51fef-2a19-47d5-883c-4ce8e12d57b3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.2,
        "x": 0.7,
        "y": 0.23
      },
      "kind": "image",
      "text": "Refinitiv",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "efdff87f-88d9-4562-99a4-44043bcbb26f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.35,
        "x": 0.6,
        "y": 0.3
      },
      "kind": "list",
      "text": "Refinitiv business strengths",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "00916406-f0b2-4467-af0c-3cc80e34781f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.35,
        "x": 0.05,
        "y": 0.3
      },
      "kind": "list",
      "text": "LSEG business strengths",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "605e82ac-ac7a-43bb-b171-ce6d5d17bb88",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.3,
        "x": 0.05,
        "y": 0.8
      },
      "kind": "metric",
      "text": "2018 Revenue: £2.1bn, 2018 Adj. EBITDA: £1.1bn",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "92e373ad-2762-43b9-807a-30b69c7c669d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.3,
        "x": 0.65,
        "y": 0.8
      },
      "kind": "metric",
      "text": "2018 Revenue: £4.3bn, 2018 Adj. EBITDA: £1.5bn",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a506a1ce-56b0-49d8-a708-8ae0a9a5fc30",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.6,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Creates a new global financial markets infrastructure leader",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ec490841-4468-4670-bb77-bb97b0e79016",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 9,
      "from": 7,
      "beatId": "9c1f480d-6fbc-402c-b3fe-c0ff06f3f7fd",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Problem",
      "beatSlug": "sequoia-pitch-problem",
      "evidence": "Anticipating customer needs in the fast evolving financial markets infrastructure landscape",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    },
    {
      "to": 14,
      "from": 9,
      "beatId": "1b5e6853-aabe-4daa-8534-e86be59a1dfd",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "Creates a new global financial markets infrastructure leader",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 9,
      "from": 7,
      "name": "Before After",
      "slug": "21-before-after",
      "bestFor": "Product demos, process improvements, ROI justification",
      "matchId": "0c71ac3a-d34e-4cba-aead-775e370c07d7",
      "evidence": "Before and after comparison",
      "position": 0,
      "objective": "Show the need for the merger",
      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
      "confidence": 0.8,
      "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}