Key facts
- LSEG is in talks to acquire Octus for about $3.5 billion.
- Octus specializes in sub-investment grade credit markets, corporate credit, and bankruptcies.
- Permira acquired its stake in Octus in 2022 for $1.3 billion.
- Octus has a record of double-digit revenue growth and high customer retention.
- LSEG shares fell 4.7% on October 13.
London Stock Exchange Group confirmed on October 13, 2026, that it is in discussions to purchase credit intelligence provider Octus for approximately $3.5 billion. The potential acquisition from private equity firm Permira would expand LSEG's financial data business into private credit workflows. Octus, founded in 2013, specializes in sub-investment grade credit markets, corporate credit, and bankruptcies, offering real-time reporting and analytics. LSEG stated that Octus has a strong track record of double-digit revenue growth based on a high-retention subscription model and that its offerings are complementary to LSEG’s existing fixed income data and private markets solutions. Permira acquired its controlling stake in Octus in 2022 for $1.3 billion. LSEG shares fell 4.7% on October 13 following the announcement.