LSEG agrees to buy Octus from Permira for $3.54 billion and lifts 2026 guidance
London Stock Exchange Group will acquire credit data firm Octus from Permira for $3.54 billion cash and raised its full-year outlook, per Dow Jones Newswires.
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what happened
London Stock Exchange Group has agreed to buy Octus, which supplies credit research, data and workflow software, from Permira and its management for $3.54 billion in cash, Dow Jones Newswires reported. LSEG said the deal will strengthen its position in credit and private markets data, which it described as fast-growing areas.
Alongside the announcement, the company raised its full-year forecasts after a strong third quarter. Revenue growth on an underlying constant-currency basis, excluding recoveries, is now expected at 8% or more, compared with the earlier range of 7% to 7.5%. The EBITDA margin at constant currency is projected to improve by 100 to 120 basis points, versus roughly 100 basis points previously. Equity free cash flow is now seen at no less than £2.8 billion ($3.75 billion), up from the prior £2.7 billion.
why it matters
Two points stand out for markets: the higher outlook suggests steady demand for LSEG's subscription products and analytics, and the Octus purchase widens its footprint in credit data. Investors are likely to weigh the stronger cash-flow forecast against the $3.54 billion price tag.
market impact
LSEG: raised guidance and the credit-data deal support the stock and sentiment across financial data providers
tags
instruments
sources
- London Stock Exchange Group Agrees to Buy Octus From Permira For $3.5 Billion — Dow Jones Newswires, 22 October 2026 at 06:39 UTC
- London Stock Exchange Group Agrees to Buy Octus From Permira For $3.5 Billion — Dow Jones Newswires, 22 October 2026 at 06:54 UTC
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