OANDA bought out by CVC Capital Partners
Posted: Tue May 08, 2018 9:31 pm
The forex broker OANDA will come under new ownership as shareholders accepted an offer for from a wholly-owned subsidiary of CVC Capital Partners (CVC) Asia Fund IV to acquire all of the outstanding equity. The deal is pending regulatory approval.
CVC Capital Partners is a globally oriented private equity and investment advisory firm, founded in 1981. In total, CVC currently manages c.$70 billion of assets.
The process of buying out companies like OANDA often takes years and for the moment there is no indication what will happen with the broker under the new ownership.
CVC Capital Partners is a globally oriented private equity and investment advisory firm, founded in 1981. In total, CVC currently manages c.$70 billion of assets.
The process of buying out companies like OANDA often takes years and for the moment there is no indication what will happen with the broker under the new ownership.