March 17 - An institutional seller will offload 24 million shares in British information and analytics company RELX REL.L through a public bookbuild process, the bookrunner for the offering said on Tuesday.
The stake could be worth up to 631.7 million pounds ($843.70 million). Goldman Sachs is facilitating the transaction on behalf of the seller.
The bookrunner did not disclose the details of the institutional seller. RELX did not immediately respond to a Reuters request for comment.
The share sale is being marketed at a price starting at 25.56 pounds.
The bookrunner said the books for the RELX share sale were now covered.
RELX shares have tumbled 12.85% so far in 2026. They had declined 16.78% last year, as investors worried that the rapid progress of artificial intelligence could upend the company's business.
($1 = 0.7487 pounds)
(Reporting by Sri Hari N S and Aatrayee Chatterjee in Bengaluru; Editing by Shilpi Majumdar)
((srihari.ns@thomsonreuters.com))