Vector Group to Sell to JT Group for $2.4B; CME and S&P Explore Sale of OSTTRA Valued at $2B-$4B
Vector Group has announced its decision to sell itself to JT Group in a deal valued at $2.4 billion. In a separate development, CME Group and S&P Global are reportedly exploring the sale of their joint venture, OSTTRA. This joint venture may be valued between $2 billion and $4 billion, including debt, in any potential sale. The discussions regarding OSTTRA were first reported by Bloomberg News, highlighting the ongoing strategic moves by these financial entities in the market.
Sources
Reuters
CME, S&P explore sale of joint venture OSTTRA, Bloomberg News reports https://t.co/lLqerXLmwQ https://t.co/dUAIWYIgsu
Investing.com News$CME, S&P explore sale of joint venture OSTTRA, Bloomberg News reports https://t.co/sZs6UrpF0F
PiQ 🔵 CME, S(and)P EXPLORE SALE OF JOINT VENTURE OSTTRA, BLOOMBERG NEWS REPORTS Full Story → https://t.co/pzXiYa0WDM Derivatives exchange CME Group and financial information company S(and)P Global are weighing a sale of joint venture OSTTRA, Bloomberg News reported on Thursday,…