 |
Brunswick Group represents Nasdaq as it agrees to pay $10.5B in cash and stock to acquire the Adenza software business of Thoma Bravo, which relies on FGS Global for its media relations duties.
Adenza is the result of the combination of the Calypso and AxiomSL brands.
Calypso serves capital market companies' treasury, risk and collateral management workflows.
AxiomSL provides regulatory and compliance software to the financial services market.
The Adenza platform bolsters Nasdaq’s marketplace technology and anti-financial crime solutions offering.
Adena Friedman, Nasdaq CEO, said the deal enhances the company’s “position at the heart of the global financial system.”
The transaction is expected to close within the next six to nine months.
Thoma Bravo has $127B in assets as of management.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
Joele Frank handles Pine Gate Renewables as the Asheville, NC-based solar power development company declares Chapter 11 in the aftermath of Donald Trump’s cuts to wind & solar tax credits.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
