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Nasdaq to purchase Adenza from Thoma Bravo for $10.5 billion

Por: The Boston Globe Business June 13, 2023

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Nasdaq agreed to buy financial-software maker Adenza from its private equity owners in the exchange operator’s biggest-ever deal.The acquisition is valued at $10.5 billion in cash and stock, Nasdaq said in a statement on Monday. Thoma Bravo, the buyout firm that owns Adenza, is set to get a 14.9 percent stake in Nasdaq and a seat on the board as part of the deal, the company said. Nasdaq shares plunged more than 11 percent Monday.Chief... + full article



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