NEW YORK, June 22, 2021 (World NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) announced currently that all necessary regulatory and self-regulatory approvals have been attained for the beforehand introduced sale of its U.S. fixed earnings small business, Nasdaq Fixed Cash flow (NFI), to Tradeweb Marketplaces Inc. (Nasdaq: TW), a foremost world wide operator of digital marketplaces for fees, credit rating, equities and dollars markets.
Nasdaq expects the closing of the proposed NFI transaction to manifest on or all-around June 25, 2021.
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CAUTIONARY Notice Pertaining to Forward-Searching STATEMENTS
This interaction has ahead-wanting information associated to Nasdaq and the proposed sale of the Nasdaq Fastened Income enterprise by Nasdaq to an affiliate of Tradeweb Markets, which transaction requires considerable threats, uncertainties and assumptions that could induce genuine outcomes to differ materially from all those expressed or implied by such statements. When employed in this interaction, words and phrases these kinds of as “will”, “enable”, “intends”, “expected” and related expressions and any other statements that are not historical points are meant to identify ahead-seeking statements. Ahead-hunting statements in this conversation include, amid other factors, statements about the anticipated timing of closing of the proposed transaction. Threats and uncertainties include things like, between other matters, challenges associated to the potential of Nasdaq to consummate the proposed transaction on a well timed basis or at all the skill to understand the predicted gains of the proposed transaction, such as the probability that the expected gains from the proposed transaction will not be understood or will not be recognized inside of the anticipated time period of time disruption from the transaction creating it far more tricky to manage business and operational interactions threats linked to diverting management’s notice from Nasdaq’s ongoing enterprise functions the negative consequences of the announcement or the consummation of the proposed transaction on the sector value of Nasdaq’s popular inventory or on Nasdaq’s working effects substantial transaction costs unidentified liabilities the possibility of litigation or regulatory actions similar to the proposed transaction future amounts of Nasdaq’s indebtedness, such as supplemental indebtedness that may possibly be incurred in connection with the proposed transaction and the impact of the announcement or pendency of the transaction on Nasdaq’s enterprise interactions, running effects, and small business normally.
More information and facts on these and other challenges and uncertainties relating to Nasdaq can be discovered in its experiences filed on Varieties 10-K, 10-Q and 8-K and in other filings Nasdaq helps make with the SEC from time to time and obtainable at www.sec.gov. These documents are also readily available less than the Investor Relations area of Nasdaq’s web-site at http://ir.nasdaq.com/investor-relations. The forward-looking statements involved in this conversation are produced only as of the date hereof. Nasdaq disclaims any obligation to update these forward-on the lookout statements, except as necessary by legislation.
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