Nasdaq Agrees To Acquire Adenza From Thoma Bravo For $10.5B In Cash And Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Nasdaq has agreed to acquire Adenza from Thoma Bravo for $10.5B in cash and shares of common stock. The acquisition will help Nasdaq become the trusted fabric of the world's financial system. Upon closing, Holden Spaht, a Managing Partner at Thoma Bravo, will join Nasdaq's Board of Directors.
June 12, 2023 | 10:02 am
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POSITIVE IMPACT
Nasdaq's acquisition of Adenza from Thoma Bravo for $10.5B will help the company become the trusted fabric of the world's financial system and expand its Board of Directors.
The acquisition of Adenza will help Nasdaq expand its offerings and strengthen its position in the financial industry. The addition of Holden Spaht to the Board of Directors will also bring valuable expertise from Thoma Bravo. This news is likely to have a positive impact on Nasdaq's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100