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 LONDON, Oct 13 (Reuters) - 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)