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A takeover of data provider Octus expected to value it at around $3.5 billion, source says

A takeover of data provider Octus expected to value it at around $3.5 billion, source says

- A takeover of data provider Octus, which is owned by private equity group Permira, is expected to value the company at around $3.5 billion, a person familiar with the matter told Reuters.

The London Stock Exchange Group LSEG.L has held talks with Octus and Permira over a possible bid for the New York-headquartered financial data provider, two people familiar with the matter told Reuters.


(Editing by Alexander Smith and Louise Heavens)

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