KKR nears deal to buy OSTTRA for about $3 billion, Bloomberg News reports

, Reuters -  3:16 PM ET 4/12/2025 Company News

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print

April 12 (Reuters) -

U.S.-based private equity firm KKR is nearing a deal to buy OSTTRA for about $3 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.

The deal could be announced as early as next week, the report said.

Bloomberg initially reported that private equity firm GTCR was close to acquiring OSTTRA, a joint venture owned by CME Group ( CME ) and S&P Global ( SPGI ), for approximately $3.2 billion. However, the report was later corrected to say that KKR is in advanced talks to acquire the post-trade services firm for about $3 billion.

S&P Global ( SPGI ) declined to comment, while CME Group ( CME ), KKR and OSTTRA did not immediately respond to Reuters' requests for comment.

Derivatives exchange CME Group ( CME ) and financial information company S&P Global ( SPGI ) were weighing a sale of OSTTRA, Bloomberg News reported last year.

OSTTRA was launched by CME and analytics firm IHS Markit in September 2021. (Reporting by Devika Nair and Harshita Meenaktshi in Bengaluru; Editing by Susan Fenton, Paul Simao and Marguerita Choy)

(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print
close
Please enter a valid e-mail address
Please enter a valid e-mail address
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "

Your e-mail has been sent.
close

Your e-mail has been sent.