London Stock Exchange Considering Acquisition of Credit Platform Octus
The London Stock Exchange Group Plc (LDNXF) is reportedly in talks to acquire global credit platform Octus from private equity firm Permira. The potential deal, valued at approximately $3.5 billion, aims to expand the exchange's capabilities into fixed income and credit markets. This acquisition would mark a strategic move for LSEG as it seeks to diversify its offerings beyond traditional equities trading. By acquiring Octus, which operates in multiple jurisdictions including Europe, Asia, and North America, LSEG could strengthen its position in post-trade services and data analytics related to fixed income instruments. The deal is still under discussion and subject to regulatory approvals as well as finalizing terms with Permira.
Tickers: $OCTI
Topics: Credit Platform London Stock Exchange Group Octus Permira Private Equity