LSEG to Acquire Octus for $3.535 Billion in Private Credit…
By Abdelaziz Fathi
AI summary of the source article
London Stock Exchange Group has agreed to acquire credit intelligence provider Octus for $3.535 billion in cash. The debt-financed transaction is scheduled to close in the first half of 2027, subject to regulatory approval.
Why it matters
Its acquisition will expand LSEG's credit coverage beyond liquid bonds into private loans, restructuring situations and complex corporate debt.
Key facts
- LSEG agreed to acquire Octus from funds advised by Permira and management for $3.535 billion in cash.
- Octus is expected to generate more than $300 million in revenue in 2026 with an adjusted EBITDA margin of around 40%.
- The deal is expected to be neutral to adjusted earnings per share in the first full year post-completion and accretive thereafter.
Source excerpt · FinanceFeeds
London Stock Exchange Group (LSEG) has agreed to acquire credit intelligence provider Octus for $3.535 billion in cash, expanding its presence in private and distressed debt markets as the financial data group seeks higher-growth subscription revenue and deeper relationships with institutional investors.The October 22 agreement covers Octus, formerly known as Reorg, from funds advised by private e…