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TechnologyBalancedLarge CapFalling Star

Institutional seller to offload 24 million RELX shares, bookrunner says

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))

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