FNZ Group completed the acquisition of GBST for $186m.

FNZ Group, a financial technology company specialising in providing investment platforms to major financial institutions, completed the acquisition of GBST, which provides custom technology solutions for the financial service sector, for $186m. "We are pleased to have now entered into a binding agreement for FNZ to acquire GBST at $2.66 per share on terms acceptable to the Board. FNZ's offer represents a significant premium and provides a high degree of certainty of value for our shareholders through the cash offer and limited conditionality," Allan Brackin, GBST chairman. The CMA has referred the completed acquisition on April 8, 2020.