LONDON: TA Fund XP, through its subsidiary KAIROS Bidco, has agreed to acquire FD Technologies in a deal valued at approximately £570 million, the company announced Thursday. Under the terms of the recommended acquisition, shareholders of FD Technologies will receive £24.50 in cash per share. As an alternative, eligible shareholders may opt for Rollover…
LONDON: FD Technologies (AIM: FDP.L) has entered into an agreement to sell the Group’s First Derivative Business to EPAM Systems Inc. for an enterprise value of £230m. The divestment is expected to complete in the fourth quarter of 2024, subject to shareholder approval, amongst other things. Seamus Keating, CEO of FD Technologies, said: “This…
LONDON, UK: FD Technologies, a leading provider of data analytics and streaming solutions, has announced a new partnership with Amazon Web Services (AWS), the world’s most comprehensive and broadly adopted cloud platform, to launch kdb Insights as a fully managed cloud-native service on Amazon FinSpace, AWS’s data management and analytics service for the financial…