Cryptocurrency Q&A
Is OANDA acquired by CVC Capital Partners?
Is OANDA acquired by CVC Capital Partners?
DigitalDynasty
Sun Oct 13 2024
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6 answers
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There were reports in 2018 that CVC Capital Partners Asia Fund IV had agreed to acquire OANDA, a global leader in online retail trading and data analysis. However, recent reports in 2024 suggest that CVC Capital Partners has sold OANDA, although the details of the transaction are not yet known.
6 answers
SeoulSerenitySeekerPeaceLover
Tue Oct 15 2024
CVC, a prominent financial technology company, made a significant acquisition in 2018 when it purchased OANDA for a reported $175 million. This move marked a strategic expansion for CVC, further solidifying its position in the financial services industry.
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ShintoBlessing
Tue Oct 15 2024
According to Sky News, CVC has now engaged two reputable investment banking firms, Nomura and Santander, to manage the sale process of OANDA. This decision underscores CVC's commitment to ensuring a smooth and efficient transfer of ownership.
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ethan_carter_engineer
Tue Oct 15 2024
Nomura and Santander, both renowned in the financial sector, are reportedly working diligently to market OANDA to potential buyers. Their expertise and experience in the field are invaluable assets in facilitating the sale and maximizing its value.
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Martina
Mon Oct 14 2024
OANDA, as a leading provider of online trading services, offers a diverse range of products and services, including foreign exchange trading, CFDs, and indices. Its acquisition by CVC had already sparked interest in the market, and its impending sale is likely to attract even more attention from investors and financial institutions.
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Giulia
Mon Oct 14 2024
With the involvement of Nomura and Santander, CVC can expect a thorough and professional evaluation of potential acquirors, ensuring that OANDA is placed in the hands of a capable and reputable organization. This process will also help to maximize the return on CVC's initial investment.
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