eToro agrees to acquire TradeZero for up to $231 million

eToro Group announced it has agreed to acquire rival brokerage TradeZero for up to $231 million in a cash-and-stock deal, aiming to strengthen its U.S. brokerage business. The announcement came alongside eToro reporting second-quarter profit that exceeded Wall Street expectations.

Detected & updated continuously · Source: Nebula

Story subjects

Track sentiment and mindshare across stocks and crypto in Nebula.

Open Nebula