LSEG said New York based Octus, which sells credit intelligence on distressed companies to banks, investors and law firms, fits its fixed income data and private markets businesses and would lift Data and Analytics growth immediately, but investors sold the stock anyway, sending the shares down 4.7% by mid afternoon in London. Permira bought control of Octus from Warburg Pincus in 2022 at a $1.3 billion valuation and has been preparing a sale since last year, and Reuters reported the firm has also sounded out other buyers, so LSEG is not guaranteed to win the asset.
LSEG confirms talks to buy Octus from Permira for $3.5 billion
London Stock Exchange Group confirmed on Tuesday that it is in talks to acquire credit data firm Octus from Permira for about $3.5 billion, while stressing that no final agreement has been reached.
Why it matters: At roughly two and a half times the $1.3 billion valuation at which Permira took control in 2022, the deal would be one of the year's largest financial data transactions and a test of investor patience, with LSEG shares down about 5% on the news.
Data as of Tuesday, October 13, 2026. Reuters report opened and read in full; LSEG confirmed the talks in response to press speculation and put the price at approximately $3.5 billion. Octus EBITDA figures are from a person familiar with the matter cited by Reuters, not from company filings. Developing item, 2 to 3 sentences by design.
Sources
- LSEG in talks to buy Permira-owned Octus data group for about $3.5 billion · Reuters, via SRN News · 2026-10-13
- LSEG in Talks to Buy Permira-Owned Credit Firm Octus · Bloomberg · 2026-10-13
- London Stock Exchange Group confirms talks on Octus acquisition · Alliance News, via AJ Bell · 2026-10-13