Thoma Bravo to Seek $2.74 Billion in Nasdaq Stake Sale
- Shares offered at a discount of up to 3.2% to Friday’s close
- Private equity firm acquired stake as part of Adenza sale
Orlando Bravo, co-founder of Thoma Bravo LLC.
Photographer: Eva Marie Uzcategui/BloombergThis article is for subscribers only.
Thoma Bravo is seeking as much as $2.74 billion for about half of its shares in Nasdaq Inc., according to people familiar with the matter, as it looks to sell down the stake it acquired as part of a transaction last year.
The private equity firm is selling 41.6 million Nasdaq shares, according to a statement by the exchange operator Friday. A Thoma Bravo affiliate is offering the stock for between $64.80 and $65.80 each, the people said.