LSEG to buy Octus for $3.5 billion in data analytics push
Today 07:01
LSEG to buy Octus for $3.5 billion in data analytics push Oct 22 (Reuters) - The London Stock Exchange Group LSEG.L on Thursday said it has agreed to acquire financial data group Octus for about $3.5 billion, unveiling the deal meant to strengthen its data analytics capabilities alongside third-quarter results.
LSEG is the largest customer of Reuters, which provides news for its Workspace news and data platform and other products.
(Reporting by Pushkala Aripaka in Bengaluru, Samuel Indyk and Muvija M in London; Editing by Mrigank Dhaniwala)
((Pushkala.A@thomsonreuters.com; X and LinkedIn: @pullthekart;))