LSEG to Acquire Octus, Creating Market Leader Across Public and Private Credit Solutions Business Wire NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION This Announcement contains inside information within the meaning of Article 7(1) of the assimilated Regulation No. 596/2014 as it forms part of the law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented.
LSEG pushes up profit forecast as it confirms $3.5bn Octus swoop Markets LSEG has upped its profit forecast for a second time as the operator of the London Stock Exchange confirmed plans to take on credit data specialist Octus in a $3.5bn (£2.6bn) deal. The FTSE 100 firm said the deal to acquire the New York-based business “significantly expands LSEG’s fixed income offering”. “Public and private credit [...]
Aim-listed tech company agrees huge takeover deal Markets Ashtead Technology is set to become the latest company picked off the London Stock Exchange after agreeing to a £505m takeover by a New-York based private equity firm. Ember Infrastructure Management agreed to pay 615p per share in cash for the underwater technology firm. This represents a staggering 80.9 per cent premium on Ashtead’s closing [...]
Microsoft pulls out of Nscale deal for UK’s largest AI data centre October 19, 2026 Microsoft has pulled out of plans to build the UK’s largest AI data centre in a deal with Nscale. The global tech giant, which had previously planned to fund a supercomputer at the site, has ended its involvement in the partnership following concerns over supply issues. Plans were first announced last year, with Nscale pledging [...]
Plus500’s super-app ambitions risk re-telling a familiar London story October 14, 2026 Plus500 laid out plans for a super-app across the Atlantic, in this week’s column Samuel Norman looks at how it could frame their future. Also on the agenda, Healey continues pre-Budget summits and does anyone still care about the digital pound? Is a London-listed fintech turning to the US for its monumental ‘super-app’ a point [...]
London Stock Exchange faces ‘material depopulation’ October 12, 2026 The London Stock Exchange is facing “material depopulation” following a boom in the M&A landscape dominated by overseas buyers, a top investment bank has warned. Some 42 bids for London-listed firms are currently ongoing with a total market capitalisation of £74bn, according to a new note from Peel Hunt. The figure is more than double [...]
Revolut boss says US primary listing was ‘always the target’ October 9, 2026 The boss of Revolut has said a primary listing in New York was “always” the company’s top goal, in a snub to the London Stock Exchange after a years-long charm offensive. Nik Storonsky, the founder and chief executive of Revolut, said a primary listing in the US was “always the target, given the deep liquidity [...]
Airtel Money shares muted in biggest London IPO in five years October 9, 2026 Airtel Money shares were muted after the firm it kicked off trading on the London Stock Exchange in the largest initial public offering in the City for five years. The mobile payments firm has priced its shares at £1.96 apiece, which hands it a price tag of around £5.3bn. Existing shareholders, which include the Qatar [...]
MSG Sport to spin New York Knicks and Rangers into NYSE-listed firms October 1, 2026 Directors at Madison Square Garden Sports Corp have approved plans to spin off the organisation’s New York Rangers and New York Knicks franchises into separate public firms. The move will make the NBA-winning New York Knicks the first publicly traded basketball team in nearly a quarter of a century. The New York Knicks NBA spin-off [...]
Nubank says it is not pursuing Monzo takeover after shares plunge October 1, 2026 Brazilian fintech Nubank has said it is not in active takeover talks with digital bank Monzo after shares in the firm plunged on speculation of a deal. The Latin American giant issued a statement on Wednesday night saying while it does not generally comment on specific transactions, it was “not pursuing a transaction” with the [...]