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London Stock Exchange Group in Talks to Buy Octus for $3.5 Billion

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LSEGGBX 8,274.00 −5.55%

London Stock Exchange Group plc (LSE:LSEG) has confirmed it is holding discussions with private equity firm Permira to acquire credit intelligence provider Octus for approximately $3.5 billion. The financial infrastructure firm noted that negotiations remain ongoing, with no final deal reached or transaction guaranteed.

Octus specializes in credit data, analytics, and workflow solutions, holding a strong position in private credit and illiquid markets. The business operates on a high-retention subscription model with double-digit revenue growth. Acquiring Octus would bolster LSEG’s existing fixed income and private market analytics while providing an immediate boost to both division and overall group revenue growth.

Any finalized agreement will depend on regulatory approvals before it can close. Investors will be monitoring whether the two parties reach a binding deal and what final terms emerge. Shares of London Stock Exchange Group plc (LSE:LSEG) were down 3.70% at 8,436 GBX following the announcement.

Key points

  • London Stock Exchange Group plc (LSE:LSEG) is in discussions to acquire credit data provider Octus for around $3.5 billion from Permira.
  • No definitive agreement has been reached yet, and a final deal is not guaranteed.
  • Octus delivers double-digit revenue growth through a subscription model focused on private and illiquid credit markets.
  • The potential purchase would immediately add to revenue growth in LSEG's Data & Analytics unit and across the overall group.
  • Shares of London Stock Exchange Group plc fell 3.70% to 8,436 GBX on the day of the announcement.

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Questions and answers

How much is London Stock Exchange Group planning to pay for Octus?

London Stock Exchange Group plc (LSE:LSEG) is in talks to acquire Octus for approximately $3.5 billion from Permira, though no final agreement has been reached.

What does Octus do?

Octus provides credit intelligence, data, and workflow tools for investment banks, buy-side firms, and advisory practices, with a strong focus on private and illiquid credit markets.

Is the acquisition of Octus guaranteed?

No, discussions are ongoing, and no final agreement has been concluded. Any future transaction will also require regulatory approval.