Londoner Börse: LSEG investiert 3,5 Milliarden Dollar in Datenanbieter
Die London Stock Exchange Group übernimmt für mehrere MIlliarden Dollar den Finanzdatenanbieter Octus. Damit stärkt der Konzern sein Analysegeschäft und reagiert auf Investorendruck.
London Stock Exchange Group (LSEG) plans to expand its data analytics business with a billion-dollar acquisition of financial data provider Octus. The conglomerate announced on Thursday that it had agreed with investor Permira to purchase Octus for 3.54 billion dollars. LSEG confirmed investment negotiations with the private-equity firm for the takeover the previous week.
Simultaneously, LSEG raised its revenue forecast for the current year, expecting an organic growth of at least eight percent in total earnings with stable exchange rates, compared to a forecast of 7.0 to 7.5 percent. The acquisition aims to respond to pressure from activist investor Elliott, which has been investing in LSEG since February and is pushing for portfolio changes and higher margins.
The recent turbulence in the financial data industry due to artificial intelligence has also influenced the decision. LSEG's share price has lost about two percent this year and is trading well below its early 2025 peak. The takeover of Octus is the largest transaction for the company since its 27 billion dollar acquisition of Refinitiv in 2019.
"Combining Octus' leading data and analytics with our business creates a robust offering for our customers and accelerates our growth," said LSEG CEO David Schwimmer. LSEG is the largest customer of news agency Reuters.
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