Tradeweb Markets to acquire Institutional Cash Distributors for $785m
Tradeweb Markets Inc. (Nasdaq: TW), a premier global operator of electronic marketplaces for various financial sectors, including rates, credit, equities, and money markets, announced its definitive agreement to acquire Institutional Cash Distributors, LLC (ICD), a leading technology provider for institutional investment and corporate treasury organizations. The deal, valued at $785 million, subject to standard adjustments, […]