London Stock Exchange to buy TORA for $325 million

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(Reuters) – London Stock Exchange Group agreed to buy cloud-based expertise supplier TORA for $325 million, the British inventory change operator stated on Tuesday, including the quickly rising digital belongings class to its buying and selling capabilities.

The potential acquisition of TORA, which helps prospects buying and selling a number of asset courses together with equities, fastened earnings and digital belongings throughout international markets, is anticipated to shut within the second half of 2022.

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sherry Jacob-Phillips)



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