LSEG Reportedly in Talks for $3.5 Billion Octus Deal

On Oct. 13, 2026, London Stock Exchange Group confirmed talks with Permira to buy New York-based Octus for about $3.5 billion. Octus supplies credit intelligence, data and workflow tools to buy-side firms, investment banks, law firms and advisory firms. It holds a leading position in illiquid and private credit and has a track record of double-digit revenue growth on a high-retention subscription model. LSEG said the purchase would be immediately accretive to Data & Analytics and Group revenue growth. It stated no final agreement has been reached, no transaction is guaranteed, and any deal would need regulatory approval. Permira has been exploring a sale since last year and has spoken with other potential buyers. Shares fell after the confirmation. One report put the drop at 438 points, or 5.02 percent; another at 376.00p, or 4.29 percent.