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S&P Global and CME Group to sell OSTTRA to KKR for $3.1 billion

  • On April 14, 2025, S&P Global and CME Group announced an agreement in New York to sell OSTTRA to KKR.
  • S&P Global and CME Group, in a 50/50 joint venture since 2021, made the decision to optimize portfolios.
  • The agreement gives KKR control of OSTTRA, a leading post-trade solutions provider serving the global financial ecosystem.
  • The enterprise value of the deal is $3.1 billion, and Webster Chua from KKR stated, "We have long admired OSTTRA".
  • Pending regulatory approvals, the deal should close in H2 2025, and KKR plans a broad-based equity program.
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Private Equity Wire broke the news in on Monday, April 14, 2025.
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