Why Nasdaq Shares Are Slipping Today
Portfolio Pulse from Lekha Gupta
Nasdaq Inc (NDAQ) has agreed to acquire Adenza, a risk management and regulatory software provider, from Thoma Bravo for $10.5 billion in cash and common shares. The acquisition is expected to close within six to nine months and will enhance Nasdaq's risk management, regulatory, and capital markets software and technology solutions.

June 12, 2023 | 11:17 am
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Nasdaq Inc (NDAQ) is acquiring Adenza for $10.5 billion, which will enhance its risk management, regulatory, and capital markets software and technology solutions.
The acquisition of Adenza will enhance Nasdaq's offerings in risk management, regulatory, and capital markets software and technology solutions. This could potentially lead to increased revenues and growth for the company. However, the short-term impact on the stock price is uncertain, as the acquisition is still subject to closing conditions and the market may react differently to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100