.
MergerLinks Header Logo

Announced

Completed

LSEG completed the acquisition of TORA for $325m.

Financials

Edit Data
Transaction Value£238m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Acquisition

Friendly

Single Bidder

technology provider

FinTech

United States

Majority

Cross Border

Completed

Synopsis

Edit

London Stock Exchange, a stock exchange and financial information company, completed the acquisition of TORA, a technology provider, for $325m. "This transaction is an important extension of our global Trading business. Acquiring TORA will enable LSEG to deliver critical “at trade” capabilities for the buy side, seamlessly connecting into our next generation desktop Workspace. Combining TORA’s international footprint with LSEG’s global reach will drive further growth and we look forward to collaborating in order to continue this expansion," Dean Berry, G LSEG oup Head of Trading & Banking Solutions.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US