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Announced

Completed

Miami International Holdings completed the acquisition of Bermuda Stock Exchange.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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information exchange

Completed

Majority

Friendly

Public

Single Bidder

Bermuda

Diversified Financials

trading advisory

trading services

Acquisition

Cross Border

Synopsis

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Miami International Holdings, the parent holding company of the MIAX Exchange Group, completed the acquisition of Bermuda Stock Exchange, a diversified financial company. Financial terms were not disclosed. "We have long held that the Bermuda government's commitment to fintech regulation and the country's established (re)insurance market make the BSX and Bermuda key components of MIH's global ambitions. We are thrilled to complete this acquisition and have the BSX as a wholly owned subsidiary. BSX CEO Greg Wojciechowski and his team have done a tremendous job of helping to expand Bermuda's domestic capital market and positioning the BSX for future growth. We look forward to MIH and the BSX jointly pursuing various initiatives, especially in the digital asset and (re)insurance sectors," Thomas P. Gallagher, MIH Chairman and CEO.

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