London Stock Exchange Group PLC (LSE:LSEG), the financial markets and data provider, has won support from Citi, JP Morgan and RBC Capital Markets after confirming its $3.535 billion acquisition of Octus, with analysts highlighting the strategic rationale and scope for further share price gains. Citi reiterated its 'buy' rating, arguing that the deal offers attractive financial returns and stren...
London Stock Exchange Group PLC (LSE:LSEG) received backing from Jefferies and UBS after raising its 2026 guidance and announcing the $3.5 billion acquisition of fixed-income and private-markets data provider Octus. Jefferies retained its 'buy' rating and £110 price target, saying there was “plenty to like” in the third-quarter update, with subscription revenue growth accelerating and the Marke...
NEW YORK--(BUSINESS WIRE)--LSEG (London Stock Exchange Group plc) today announces that it has agreed to acquire Octus, a leading provider of credit intelligence, data and workflows, for a cash consideration of $3.535 billion from funds advised by Permira, and Octus' management, including its founder, Kent Collier. The acquisition of Octus will transform LSEG's presence in credit and private mar...
London Stock Exchange Group PLC (LSE:LSEG), the FTSE 100 exchange and data provider, is on track for its strongest annual organic revenue growth since 2018 after third-quarter income, excluding recoveries, rose 8.8% on an organic constant-currency basis, and it agreed to buy Octus for $3.535 billion. LSEG now expects full-year organic constant-currency growth in total income, excluding recoveri...
The stock-exchange and financial-information company said last week that it was in talks over the deal to buy the credit intelligence, data and workflow provider from Permira.
Citi, the broker, sees strong strategic logic in a potential acquisition of credit specialist Octus by London Stock Exchange Group PLC (LSE:LSEG), the exchange and financial data provider. The Financial Times reported that LSEG was exploring an acquisition of Octus, a provider of data on sub-investment grade credit, which is debt issued by companies with lower credit ratings.
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