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Bullish Will Pay $4.2 Billion for Equiniti — Most of It in Stock — to Build the Transfer Agent for Tokenised Securities
Crypto exchange Bullish announced a $4.2 billion deal on May 5 to acquire shareholder-services giant Equiniti from Siris Capital, structured as $1.85 billion in assumed debt and $2.35 billion in stock. The strategic logic only works if tokenised securities actually arrive on schedule.
·Sarah Blake