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ASX Completes The Sale Of Entire Investment In Yieldbroker

Date 31/08/2023

ASX has today successfully completed the sale of its entire minority interest in Yieldbroker Pty Limited (Yieldbroker) to a wholly owned subsidiary of Tradeweb Markets LLC (Tradeweb) for net proceeds of A$54.7 million after estimated transaction costs (Transaction).

 

ASX’s entrance into a binding agreement in relation to the Transaction was announced to the market on 25 May 2023. The Transaction was subject to a number of conditions, including regulatory approvals, which have been satisfied.