London Stock Exchange Group said Thursday it has agreed to buy U.S. credit intelligence provider Octus for $3.54 billion in cash, a deal it anticipates will transform its presence in private market data.
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TOP NEWS

Latham Advises LSE Owner On $3.5B Octus Acquisition

By Irene Madongo

London Stock Exchange Group said Thursday it has agreed to buy U.S. credit intelligence provider Octus for $3.54 billion in cash, a deal it anticipates will transform its presence in private market data.

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Industrial AI Software Biz To Float On AIM

By Dawood Fakhir

Industrial AI software company IntelliAM AI said Thursday it plans to list its shares on the Alternative Investment Market of the London Stock Exchange in November to raise growth capital and increase its profile with investors as it scales its business.

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CMS, Eversheds Guide £85M Pension Deal For Flooring Co.

By Dawood Fakhir

Pension Insurance Corp. has said it completed an £85 million ($114 million) pensions deal for the retirement plan of a commercial flooring manufacturer, in a deal advised on by CMS and Eversheds Sutherland.

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M&A

Brief

Metals One Seeks Full Control Of Lions Bay In £6.5M Deal

By Dawood Fakhir

Miner Metals One PLC said Thursday it has executed a series of transactions that would give it full ownership of Lions Bay Resources Proprietary Ltd., including a £6.5 million all-share acquisition of the company's remaining 50.01% stake.

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CAPITAL MARKETS

Brief

Investment Holding Co. Tapir Raises £15M In Open Offer

By Irene Madongo

Tapir Holdings Ltd. said Thursday it has secured £15 million ($20.1 million) through selling shares to existing investors, which it plans to use on further investments and working capital.

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Brief

Minerals Explorer Raises £135M To Back Tin Project

By Irene Madongo

Minerals explorer and developer Cornish Metals said Thursday it has successfully raised £135 million ($180.5 million) through selling shares in order to help fund its tin project in southwest England.

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LAW FIRMS IN TODAY'S NEWS

CMS Cameron McKenna Nabarro Olswang

Eversheds Sutherland

Freshfields

Kleinberg Kaplan

Latham & Watkins

McDermott Will & Schulte

Moulton Moore

Nabarro LLP

Wedlake Bell

Weil Gotshal

COMPANIES IN TODAY'S NEWS

Barclays PLC

London Stock Exchange Group PLC

Morgan Stanley

Permira

The Goldman Sachs Group Inc.