KKR Targets Backbone Of Global Trading With $3.1 Billion OSTTRA Acquisition

KKR & Co. Inc. (NYSE:KKR) shares are trading higher on Monday. S&P Global Inc. (NYSE:SPGI) and CME Group Inc. (NASDAQ:CME) inked a deal to sell OSTTRA to investment funds managed by KKR at a total enterprise value of $3.1 billion.

Formed in 2021 through a joint venture between CME and S&P Global, OSTTRA delivers essential post-trade services to the global financial industry.

OSTTRA supports the full trade lifecycle—enabling seamless connectivity and efficient workflows for banks, broker-dealers, asset managers, and other market participants across trade processing and ...

https://www.benzinga.com/25/04/44795019/kkr-to-acquire-post-trade-jv-osttra-for-31b-expands-fintech-footprint