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Tradeweb to Acquire Bond Electronic Trading Platform Trumid for $1.97 Billion
2 day ago /
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Author：小编
Tradeweb Markets has reached an agreement to acquire electronic credit bond trading platform Trumid Holdings for approximately $1.97 billion. According to a statement released on Monday, the acquisition consideration includes approximately $1.89 billion in cash and $82 million in equity. The transaction is expected to be completed in the first half of 2027. In recent years, Tradeweb has been continuously building electronic trading markets for assets such as credit bonds and equities. Trumid focuses on U.S. dollar investment-grade bonds, high-yield bonds, distressed bonds, and emerging market bonds. After the acquisition, the two companies will be able to cover the full lifecycle of bonds from trade initiation to the secondary market.
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