Tradeweb to Buy Trumid for $2B
Tradeweb Markets announced plans to purchase bond trading platform Trumid for approximately $1.97 billion in cash and stock. The acquisition aims to expand its presence in the United States corporate bond market. The transaction is expected to close in the first half of 2027.
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TRADEWEB MARKETS INC-CLASS A will acquire bond-trading platform Trumid for $1.97 billion, expanding its footprint across the United States corporate debt market. The transaction values Trumid at $1.75 billion alongside $220 million in tax assets. The deal is slated to close in the first half of 2027.
