M&AFinancial ServicesRUMOURED
Permira Considers $3.5 Billion Sale of Octo to London Stock Exchange Group
Value
$3.5Bn
Acquirer
London Stock Exchange Group
Target
Octo
Permira is reportedly considering the sale of its portfolio company Octo for approximately $3.5 billion to the London Stock Exchange Group. Meanwhile, shareholder Palliser Capital has expressed concerns regarding competing bids for Recordati from CVC and GBL.
✦ Meridian Analysis
This potential transaction represents a significant mid-market M&A opportunity, with Permira looking to exit its investment in Octo. The mention of Recordati's situation adds context to broader M&A activity and shareholder activism in the European market.
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