Miami International Holdings proposes cash offer to acquire remaining share of The International Stock Exchange
Cash consideration values the entire issued and to be issued ordinary share capital of TISE at an estimated £70.4 million.
Cash consideration values the entire issued and to be issued ordinary share capital of TISE at an estimated £70.4 million.
Move is set to enhance equity research and investment banking; acquisition subject to regulatory approval.
Over the next five years, the platform seeks to reach more than €8 billion in investment commitments, with a focus on the growth of institutional funds.
The joint asset management company – Kepler Cheuvreux Unigestion Equities – is set to specialise in quantitative strategies for public equities.
Through the deal, Autochartist’s cloud-based analytics and data engine is set to be integrated into oneZero’s offering.
Through this acquisition, StoneX is set to further enhance its fixed income offering and presence across Europe.
The two entities have signed a Memorandum of Understanding for a joint venture between their respective asset management operations - Generali Investments Holdings and Natixis Investment Managers.
The transaction is expected to complete in Q2 2025, subject to regulatory approvals.
As part of the move, high yield, strategic fixed income and small-cap equity teams will be acquired by MetLife Investment Management.
The exchange is set to go live in 2026 with investment from five firms set to fund talent and technology to facilitate launch.