Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports

From Yahoo Finance: 2025-05-16 11:45:00

Private equity firm Thoma Bravo sold 43M shares of Nasdaq (NDAQ) in unregistered block trades on May 7 and May 13, totaling $3.4B. JPMorgan Chase (JPM) assisted in the sale, representing around 7.4% of Nasdaq’s stake. The divestment was confirmed by sources familiar with the matter.



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