London Stock Exchange

Thanks to stronger trading in the third quarter, the London Stock Exchange (LSE) has again raised its full-year outlook and now targets organic revenue growth of at least 8%. In Q3 revenues rose by nearly 9% to £2.41 billion. The LSE also announced the acquisition of US data provider Octus for $3.5 billion in cash. The announcements drove the stock up by around 7%, but it remains below the 2025 record high. » Mere på finanzen.net

The London Stock Exchange Group (LSEG) is negotiating with Permira to buy Octus, a provider of loan data, analytics and workflow solutions, for $3.5 billion. According to LSEG, Octus covers the entire loan lifecycle, has a strong position in illiquid and private loans and has posted double-digit revenue growth thanks to its subscription model. It was emphasized that no final agreement has been reached and a deal is not guaranteed. The announcement briefly pushed LSEG’s stock in London down by about 4.45 percent. » Mere på finanzen.net

Three more London-listed companies will leave the market after takeover agreements: Bodycote agreed a £1.84bn bid from Veritas, Gamma Communications recommended a £1.1bn offer from Epiris, and Capricorn accepted a $396m offer from DNO. The transactions push the total value of deals removing companies from the London Stock Exchange this year past $100bn, intensifying pressure on the market amid a broader wave of buyouts. Private equity buyers cited greater flexibility and scope for long-term investment as reasons for taking the targets private. » Mere på theguardian.com

After a strong first half, London Stock Exchange raised its adjusted revenue guidance to a 7–7.5% increase and is targeting an adjusted EBITDA margin one percentage point higher. Operating revenues rose, on an adjusted basis, 8.4% in the first half to just under £4.8bn; adjusted operating profit increased 14% to around £2.5bn and the margin climbed to 52.7%. The interim dividend was slightly increased and further share buybacks were announced, but investors judged the targets too conservative, sending the shares sharply lower. » Mere på finanzen.net

The London Stock Exchange Group plans to enable almost continuous trading from Monday to Friday with the new platform LSE 24, aiming to provide international investors across time zones with greater flexibility and liquidity. LSE 24 will be operated separately from the main market, whose trading hours will remain unchanged. Customer testing is scheduled through the end of 2026, and exchange-traded products are to be introduced as the first asset class in the first half of 2027, subject to regulatory approval. » Mere på finanzen.net