S&P Global: 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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S&P Global is a New York-based financial intelligence company that provides services such as market pricing and data analytics for governments, businesses and individuals.
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