Nasdaq Inc - Ordinary Shares - 144A

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Other Pre-Announcement, Mergers / Acquisitions

Nasdaq To Acquire Verafin, Creating A Global Leader In The Fight Against Financial Crime

Published: 11/19/2020 12:34 GMT
Nasdaq Inc (NDAQ) - Nasdaq to Acquire Verafin, Creating a Global Leader in the Fight Against Financial Crime.
Nasdaq Inc - Nasdaq to Acquire Verafin for Us$2.75 Billion in Cash.
Nasdaq Inc - Entered Into a Definitive Agreement for Nasdaq to Acquire Verafin for Us$2.75 Billion in Cash.
Nasdaq Inc - Intends to Pursue Its Existing Capital Deployment Plan, Including Dividend Payments and Share Repurchases, Consistent With Past Practice.
Nasdaq - Spectrum Equity and Information Venture Partners, Significant Investors in Verafin, Agreed to Sell Their Stake As Part of Deal.
Nasdaq Inc -acquisition of Verafin is Expected to Deliver EPS Accretion Beginning in 2022 and Meet Nasdaq's Roic and Irr Objectives.
Nasdaq Inc - Intends to Finance Transaction With a Combination of Us$2.5 Billion of Debt and Cash on Hand.
Nasdaq Inc - Raising Market Technology Segment's Medium-term Organic Revenue Annualized Growth Outlook to 13-16%.
Nasdaq Inc - Acquisition of Verafin Also Expected to Accelerate Market Technology's Projected Timing of Meeting "rule of 40"( 5) Threshold to 2023.
Nasdaq Inc - Verafin's Headquarters Will Remain in St.
John's and Its Executive Leadership Team Will Remain in Place.