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KKR Completes Acquisition of OSTTRA From S&P Global and CME Group

1. KKR acquires OSTTRA for $3.1 billion, enhancing its post-trade solutions portfolio.

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FAQ

Why Bullish?

This acquisition aligns with KKR's strategy to expand its financial services, similar to previous successful acquisitions that boosted valuations. KKR can leverage OSTTRA's capabilities to attract more clients in the OTC market, potentially leading to revenue growth.

How important is it?

The acquisition signifies a strategic move enhancing KKR's market position, likely to result in favorable investor sentiment. Given its substantial size at $3.1 billion, this deal can materially impact KKR’s growth trajectory.

Why Long Term?

The benefits from this acquisition are expected to manifest over time as KKR integrates OSTTRA into its operations. Historical acquisitions in the financial sector have shown that such integrations can significantly enhance profitability within 1-3 years.

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S&PCMEGSMSBLK
NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that investment funds managed by KKR have completed the acquisition of OSTTRA, a leading provider of post-trade solutions for the global OTC market, from S&P Global and CME Group. The terms of the deal for OSTTRA equaled total enterprise value at $3.1 billion. Established in 2021 as a joint venture between CME Group and S&P Global, OSTTRA serves the global financial ecosystem with a comprehensive suite of.

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