Latham & Watkins Advises LSEG on US$3.535 Billion Acquisition of Octus

LSEG (London Stock Exchange Group plc) announced that it has agreed to acquire Octus, a leading provider of credit intelligence, data, and workflows, for a cash consideration of US$3.535 billion from funds advised by Permira, and Octus’ management, including its founder, Kent Collier. The transaction is expected to close in H1 2027, subject to regulatory approval.

Latham & Watkins LLP represents LSEG in the transaction with a cross-border corporate team led by New York partners Leah Sauter and Peter Harwich, with London partners Farah O’Brien and Mark Austin and associates Jennifer Chu and Joey Yu, with assistance from Kyle Persaud. Advice was provided on tax matters by New York partner Eric Kamerman and London partner Helen Lethaby, with associates Jorge Hinzpeter and Aaron Bradley; on executive compensation and benefits matters by New York partner Erica Aho and London partner Sarah Gadd, with associates Aaron Tso, Ismay Keane, and Erica Shin; on labor and employment matters by New York partner Sandra Benjamin, with associate Alexis Grinstead; on antitrust matters by Bay Area partner Kelly Fayne, London partner Ludmilla Le Grand, Brussels counsel Wesley Lepla, and London counsel Alexander Reicher, with associates Luca Feltrin, William Reed, James Mathieson, Cameron Swiecki, Edd Rarity, and Klearchos Lazanas, with assistance from Benjamin Laud; on data privacy and cybersecurity matters by Houston partner Robert Brown, with associates Jack Bergantino and Ben Leigh, with assistance from Flore Bourdet; on intellectual property matters by Los Angeles partner Ghaith Mahmood, New York partner Jessica Cohen, and London partner Christian McDermott, with associates Kashira Patterson, Donara Aghajani, Billy Kosmidis, Liz Longster, and Komal Shemar, with assistance from Mariella Letman; on financial regulatory matters by New York partners Yvette Valdez and Stephen Wink, London partners Nicola Higgs and Becky Critchley, Washington, D.C. partner Aaron Gilbride, and New York counsel Naim Culhaci, with associates Raffi Teperdjian, Haley Hohensee, Haoyu Gu, and Kose Bamugemereire; on regulatory matters by Washington, D.C. counsel Ruchi Gill, with associates Amulya Vadapalli and Monica Calce; on anti-bribery and anti-corruption matters by Washington, D.C. partner Erin Brown Jones and London partner Clare Nida, with associate Annie Birch; on insurance matters by Los Angeles partner Harrison White, with associate Enrique Covarrubias; on UK sanctions matters by London counsel Thomas Lane, with associate Gregory Slevin; on real estate matters by San Diego partner Robert Frances and counsel Aaron Friberg; and on government contracts matters by Washington, D.C. partner Dean Baxtresser, with associate Pascal Jakowec.