The London Stock Exchange Group (LSEG) has announced an agreement to acquire the credit data provider Octus. The transaction, structured as a cash deal, is valued at $3.535 billion.
This acquisition aligns with LSEG’s ongoing strategy to expand its data and analytics capabilities within the global financial markets. By integrating Octus’s credit data assets, LSEG aims to strengthen its position in providing comprehensive financial information to its client base.
As of the current announcement, the deal represents a significant investment in the data sector, reflecting the continued demand for specialized credit information tools within the digital economy.
Source: Finextra
Original article: https://www.finextra.com/newsarticle/48631/lseg-to-acquire-data-provider-octus-for-35bn?utm_medium=rssfinextra&utm_source=finextrafeed
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