SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA FLASH L impact

UPDATE 1 — LSEG in talks to buy Permira's Octus financial data group for about $3.5 billion

LSEG confirms Reuters report of acquisition talks Permira working with advisers to evaluate interest in Octus, sources say Deal would be immediately accretive to group revenue growth, 7% by 1342 GMT (Recasts throughout with LSEG statement) By Amy-Jo Crowley LONDON, Oct 13 (Reuters) — The London Stock Exchange Group is in talks with private equity firm Permira to acquire Octus for about $3.5 billion, the London-listed group said Tuesday, confirming a Reuters report. No final agreement has been reached and no transaction is guaranteed, LSEG shares, which had dipped more than 2% on the Reuters report earlier on Tuesday, extended losses to fall 4.7% by 1342 GMT. "Octus' coverage and solutions are highly complementary to LSEG's existing fixed income data & analytics and private markets solutions," Permira Bought Controlling Stake In Octus In 2022 London-based Permira is worki

CG.OLSEG.L