WS #16336
The M&A landscape saw two significant developments: LSEG confirmed its $3.5 billion acquisition of Octus, a substantial premium over Permira's 2022 purchase price, signaling continued consolidation in financial data services. In contrast, Fireblocks explicitly denied rumors of a $2.5 billion acquisition by Visa, which would have represented a steep discount to its $8 billion valuation. These divergent outcomes highlight the current divergence in private market valuations and the scrutiny buyers are applying to deal terms in a higher-rate environment.
Corporate M&A and Valuation Adjustments
The M&A landscape saw two significant developments: LSEG confirmed its $3.5 billion acquisition of Octus, a substantial premium over Permira's 2022 purchase price, signaling continued consolidation in financial data services. In contrast, Fireblocks explicitly denied rumors of a $2.5 billion acquisition by Visa, which would have represented a steep discount to its $8 billion valuation. These divergent outcomes highlight the current divergence in private market valuations and the scrutiny buyers are applying to deal terms in a higher-rate environment.