trending Market Intelligence /marketintelligence/en/news-insights/trending/j99QxkczGIwBYdYaEC3a0g2 content esgSubNav
In This List

Thomson Reuters to acquire REDI Holdings

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Banking Essentials Newsletter: September Edition

Blog

Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers


Thomson Reuters to acquire REDI Holdings

Thomson ReutersCorp. agreed to acquire trading technology company REDI Holdings.

The acquisition is expected to close by the end of the fourthquarter, subject to certain closing conditions, including regulatory approvals.The deal is intended to help Thomson Reuters deliver an integrated workflow solutionto the buyside trading community.

Terms of the deal were not disclosed in a news release.

In 2013, GoldmanSachs Group Inc. spunout the REDI business into a consortium including Bank of America MerrillLynch, Barclays Plc, , Citadel LLC and investment funds affiliated with , as well asGoldman Sachs. Bank of America Merrill Lynch also transferred its InstaQuote EMSto REDI as part of its investment.