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Tradeweb to Acquire Trumid Holdings for About $1.97 Billion

Tradeweb said it has agreed to acquire Trumid Holdings for around $1.97 billion, subject to adjustments. The reported price includes $1.75 billion for the business.

TW

WASHINGTON (dpa-AFX) - Tradeweb Markets Inc. (TW), an electronic trading platform, said that it has inked a deal to acquire Trumid Holdings, LLC, a financial technology company, for around $1.97 billion, subject to adjustments, which is comprised of $1.75 billion for the business and approximately…