4 Articles
4 Articles
Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports - Overpasses For America
NDAQ) in unregistered block trades on May 7 and May 13, selling its remaining stake for proceeds of about $3.4B, people familiar with the matter told Bloomberg’s Ryan Gould and Anthony Hughes. The private equity firm worked with JPMorgan Chase (JPM) on the sale, according to the sources. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Re…
Thoma Bravo exits Nasdaq stake for $3.4bn
Software-focused private equity firm Thoma Bravo has fully exited its position in Nasdaq Inc, divesting its remaining stake in the exchange operator in a series of transactions totalling $3.4 billion, according to a report by Reuters. The report cites an unnamed source familiar with the matter as revealing that the firm completed the final leg of its exit on Tuesday, offloading approximately 25.5 million shares to JPMorgan at $80.68 per share. T…
Thoma Bravo sells remaining Nasdaq stake, Bloomberg News reports
Reuters Thu, May 15, 2025, 9:47 AM 1 min read (Reuters) -Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for proceeds of about $3.4 billion, Bloomberg News reported on Thursday. Thoma Bravo divested around 43 million shares, or about 7.4% of Nasdaq, in unregistered block trades on May 7 and May 13, the report said, citing people familiar with the matter. Nasdaq and Thoma Bravo did not immediately respond to Reuters' reques…
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