Yoni Assia, eToro Co-Founder and CEO, said: In the current market environment, we believe that it is in the best interests of eToro to terminate the merger agreement and continue, for now, to operate as a private company. I would like to thank Betsy Cohen and the entire FinTech V team for their hard work,…
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Douglas L. Peterson, President and Chief Executive Officer of S&P Global said: The two divestures we have announced today represent an important milestone in our progress toward satisfying the required regulatory conditions to complete our merger with IHS Markit. With these agreements in place, we are well positioned to dedicate our full attention to our…
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Acting Assistant Attorney General Richard A. Powers of the Justice Department’s Antitrust Division, said: Without these significant divestitures, the proposed merger would have led to higher prices and lower quality for PRA customers throughout the United States. The divestitures will preserve competition for PRA services, which are vital to the proper functioning of commodity markets…
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Lance Uggla, Chairman and Chief Executive Officer of IHS Markit, added: Our teams have been working closely with the relevant regulatory authorities to achieve this important milestone for our merger. Once combined, the new company will deliver a broader set of information and insights that will drive the growth and performance of our customers. The…
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The divestiture is pending regulatory and antitrust authorities’ approval. According to the official update, S&P Global and IHS Markit are working with regulatory institutions on the proposed merger, including on the proposed divestiture. The merger is on track to close in the second half of 2021 as previously planned. HS Markit announced earlier in March…
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Lance Uggla, Chairman and CEO of IHS Markit commented: We are delighted by the overwhelming shareholder support of this strategic merger. We remain focused on bringing together two great companies for the benefit of our customers, employees and shareholders. The proposed agreement mandates that each share of IHS Markit common stock will be exchanged for…
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Deutsche Bank and Commerzbank revealed on Sunday that they were in merger talks, which confirmed the rumors that had circulated hinting at the merger. The announcement did not come as a surprise given the manner in which Deutsche Bank has struggled since the 2008 financial crisis. However, the announcement triggered concerns by labor unions about the likelihood that…
Read moreLeapRate has learned from sources close to the situation as well as from regulatory filings made late last week that retail Forex brokers IronFX and FXDD are planning to merge. At the same time, the merged company is planning to go public on Nasdaq via a reverse takeover of an existing publicly traded company. The transaction is…
Read more... and Playtech doesn't seem done. They also agreed a €200 million unsecured revolving credit facility with Barclays and RBS, to target more acquisitions
Read moreSix months after ICAP announced it will merge the electronic businesses, the combination of their operations marks significant progress and a new brand with a dedicated website is launched.
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