Business2 sources
Tradeweb to Acquire Trumid for $1.97 Billion
- Tradeweb Markets Inc. has entered into an agreement to acquire Trumid Holdings, LLC.
- The purchase price for Trumid is approximately $1.97 billion.
- Tradeweb is a global leader in electronic trading, facilitating over $3 trillion in value daily.
- Trumid is a financial technology company and electronic credit trading marketplace.
- The acquisition is expected to enhance Tradeweb's credit trading capabilities.