LSEG acquires Octus for $3.5 billion to lead in credit data
This acquisition creates a market leader across public and private credit solutions by integrating Octus's proprietary intelligence and workflows.
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Global financial markets infrastructure and data provider
lseg.comLast updated
In short: LSEG raised full-year guidance after strong Q3 growth and agreed to acquire Octus for $3.5 billion.
This acquisition creates a market leader across public and private credit solutions by integrating Octus's proprietary intelligence and workflows.
The company reports accelerating subscription growth and strengthened Markets performance. LSEG also announces capital returns via buybacks and acquisitions of Octus and Trumid.
No final agreement is reached and regulatory approval is required. The deal would be immediately accretive to revenue growth.
This milestone supports Poland’s transition from WIBOR to risk-free rates, enabling liquidity and effective risk management for derivatives market participants.
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LONDON - London Stock Exchange Group plc (LSE:LSEG) raised its full-year revenue growth guidance to at least 8.0% on Wednesday, up from a previous forecast...
LSEG will face a $175m (£131m) fraud and breach of contract lawsuit brought by the former chief executive of a company it ...
LSEG (LSEG LN) is nearing a USD 3.5bln deal to acquire credit data firm Octus from Permira, with an announcement possible on Thursday, FT reports...
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