S&P Downgrades Nasdaq (NDAQ) To 'BBB'; Outlook Stable

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Illumina, Biogen and Carnival rise premarket; Nasdaq slumps

June 12, 2023 8:54 AM EDT

Investing.com -- Stocks in focus in premarket trade on Monday, June 12th. Please refresh for updates.

Illumina (NASDAQ: ILMN) stock rose 3.2% after the gene-sequencing machine makers CEO Francis deSouza stepped down on Sunday, marking a victory for activist... More

NASDAQ (NDAQ) acquires Adenza for $10.5B cash and stock, Thoma Bravo to become 'strategic shareholder' of NDAQ

June 12, 2023 6:20 AM EDT

NASDAQ (NASDAQ: NDAQ) confirmed it has entered into an agreement to acquire Adenza from the private equity giant Thoma Bravo.

The deal, first rumored by the Wall Street Journal early Monday, will have NDAQ pay $5.75B cash and 85.6 million common shares, or approximately $10.5B total, for the provider of risk management and regulatory software... More

NASDAQ (NDAQ) Acquires Adenza from Thoma Bravo for $10.5B Cash and Stock

June 12, 2023 6:00 AM EDT

(Updated - June 12, 2023 6:52 AM EDT)

Nasdaq, Inc. (Nasdaq: NDAQ), a technology company serving the global financial system, today announced it has entered into a definitive agreement to acquire Adenza, a provider of mission-critical risk management and regulatory software to the financial services industry, from Thoma Bravo, a leading software investment firm, for $10.5 billion in cash and shares of common stock. The acquisition accelerates Nasdaqs strategic vision to become the trusted fabric of the worlds financial system. Upon the closing of the transaction, Holden Spaht, a Managing Partner at Thoma... More