Cboe Global Markets Inc.

:CBOE   3:29:54 PM EDT
80.33
-1.39 (-1.70%)
Other Pre-Announcement, Mergers / Acquisitions

Cboe Global Markets Agrees To Acquire BIDS Trading

Published: 10/16/2020 11:40 GMT
Cboe Global Markets Inc (CBOE) - Cboe Global Markets Agrees to Acquire Bids Trading, the Largest Independent Block Trading Ats in the U.S.cboe Global Markets Inc - Acquisition Expected to Be Immediately Accretive to Earnings.
Cboe Global Markets Inc - Terms of Deal Were Not Disclosed, However Company Noted That Purchase Price is Not Material From a Financial Perspective.
Cboe Global Markets Inc - Acquisition Expected to Contribute $0.05 - $0.06 to Adjusted Earnings per Share in 2021.
Cboe Global Markets Inc - Bids Trading to Operate As an Independently Managed Trading Venue Separate From Cboe U.S. Securities Exchanges.
Cboe Global Markets Inc - Cboe Plans to Fund Transaction With Debt.
Cboe Global Markets Inc - Bids Trading CEO Tim Mahoney is Expected to Remain in His Current Role.