Reported 2 days ago
According to Bloomberg News, KKR, a U.S.-based private equity firm, is nearing a deal to acquire OSTTRA, a post-trade services firm, for about $3 billion. The announcement could come as soon as next week, following initial reports of another firm, GTCR, being in close negotiations for a higher price. OSTTRA, which was launched in late 2021 as a joint venture between CME Group and S&P Global, has been up for sale as indicated by previous reports.
Source: YAHOO