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LSEG agrees to acquire Octus, an NY-based provider of credit intelligence, data, and workflow software, from Permira and Octus' management for $3.54B in cash (Dominic Chopping/Wall Street Journal)

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In short

LSEG, a global credit intelligence provider, has agreed to acquire Octus, a NY-based credit intelligence company, from Permira and Octus' management for $3.54 billion in cash. This acquisition is expected to strengthen LSEG's market position and enhance its capabilities in the credit intelligence sector, further solidifying its leadership in the market.

Key points

  • LSEG, a global credit intelligence provider, has agreed to acquire Octus, a NY-based cred…: LSEG, a global credit intelligence provider, has agreed to acquire Octus, a NY-based credit intelligence company, from Permira and Octus' management for $3.54 billion in cash.
  • This acquisition is expected to strengthen LSEG's market position and enhance its capabil…: This acquisition is expected to strengthen LSEG's market position and enhance its capabilities in the credit intelligence sector, further solidifying its leadership in the market.

Sources checked by our analysis pipeline: 1

The Information: |

Torsten Slok / Apollo Global Management: |

Jay Peters / The Verge: |

Wall Street Journal: |

Shimul Sood / Android Authority: |

OpenAI: |

Rachel Metz / Bloomberg: |

Toby Sterling / Reuters: |

Dana Goldstein / New York Times: |

Thomas Brewster / Forbes: |

Dominic Chopping / Wall Street Journal: |

Augusta Saraiva / Bloomberg: |

Steven Rosenbush / Wall Street Journal: |

Rachel Monroe / New Yorker: |

Tom Warren / The Verge: |

@artificialanlys: |

Matthias Bastian / The Decoder: |

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