LSEG Agrees to Acquire Octus for $3.54B Cash — SkimNews
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- Octus is an NY-based provider of credit intelligence, data, and workflow software that LSEG agreed to acquire from Permira and Octus’ management for $3.54B in cash.
- LSEG said the acquisition would transform its presence in credit and private markets data.
Why it matters: At $3.54B in cash, LSEG has agreed to acquire Octus’s NY-based credit-intelligence, data and workflow-software business. The group says the acquisition would transform LSEG’s presence in credit and private markets data, making the deal a concrete expansion of the buyer’s position in those data markets.
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