LSEG Acquires Octus for $3.5 Billion to Boost Data Analytics

• LSEG agreed to acquire Octus for $3.5 billion in cash.
• The acquisition aims to expand LSEG's presence in credit and private markets.
• Octus is a credit intelligence provider owned by Permira.
• The deal is part of LSEG's strategy to grow in faster-growing areas of finance.
• The transaction is expected to enhance LSEG's data offerings.