Source: FinanceFeeds

CME Group: S&P Global and CME Group to Sell OSTTRA to KKR for $3.1 Billion

S&P Global and CME Group have entered into a definitive agreement to sell OSTTRA, their jointly owned post-trade infrastructure firm, to investment funds managed by KKR. The transaction values OSTTRA at $3.1 billion in total enterprise value and reflects equal ownership by the two firms, with proceeds to be split evenly following customary adjustments. Guy [...]

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Annual Revenue
$5.0-10B
Employees
1.0-5.0K
Terrence A. Duffy's photo - Chairman & CEO of CME Group

Chairman & CEO

Terrence A. Duffy

CEO Approval Rating

68/100

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