5 sources • 2 verified points
LSEG Buys Credit Data Provider Octus in $3.5 Billion Cash Deal
LSEG Group, which operates the London Stock Exchange, has agreed to buy credit data provider Octus in a cash deal valued at $3.5 billion. Coverage describes it as a push to expand the group's data analytics business, and it is the largest deal the group has made since acquiring Refinitiv.
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- The deal is entirely cash and valued at $3.5 billion, according to coverage by Seeking Alpha.
«LSEG buys credit data provider Octus in $3.5B cash deal»
Seeking Alpha - This is LSEG's largest deal since its acquisition of Refinitiv in 2019 for $27 billion.Seeking Alpha
- Several outlets described the deal as a push to expand the group's data analytics business.
«LSEG to Acquire Octus for $3.5B in Data Analytics Expansion»
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SourcesEuronext Markets: Real-time Stock Market Data | liveGlobal Banking & Finance ReviewTradingViewEuronext Markets: Real-time Stock Market Data | liveReutersSeeking Alpha
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