You are here

Nasdaq to buy eVestment for US$705m

nasdaq.jpg
Nasdaq said it would fund the deal with debt and cash on hand. PHOTO:REUTERS

[NEW YORK] US exchange operator Nasdaq Inc said on Tuesday it would buy cloud-based analytics provider eVestment Alliance LLC for US$705 million.

Nasdaq said it would fund the deal with debt and cash on hand.

Evestment helps institutional investors monitor industry trends and make investment decisions.

REUTERS

sentifi.com

Market voices on:

Powered by GET.comGetCom