Daniel Brenhouse and Andrew Young

Money Moves

Selling Octus to LSEG

London Stock Exchange Group agreed on October 22 to buy Octus, a New York-based credit intelligence firm, for $3.535 billion in cash. It is LSEG's largest acquisition since Refinitiv in 2019, and it landed the same day the group reported third-quarter total income up 8.8% and raised its full-year guidance. Latham & Watkins advised LSEG on the deal.

Updated Nov 1