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LSEG slips after confirming possible bid for Octus

BUZZ-LSEG slips after confirming possible bid for Octus 

Updates

** Shares of London Stock Exchange Group LSEG.L fall 3.5% to 8,456p

** Stock is the top loser on the FTSE 100 index .FTSE

** LSEG confirms Reuters report that it is in talks with private equity firm Permira for the purchase of financial data provider Octus for about $3.5 billion

** NY-headquartered Octus provides information on credit markets, with a focus on companies in financial distress, for banks and investors

** Including session's losses, LSEG stock down ~4% YTD

** Reuters provides news to LSEG's Workspace news and data platform, and other products


(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))

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