B3 negotiates Neoway acquisition

B3 negotiates Neoway acquisition

M&A Technology Equity Capital Markets Brazil

The B3 stock exchange in São Paulo said Thursday that it in talks to buy Neoway, a technology company that specializes in big data analytics and artificial intelligence for businesses.  B3 did not divulge a purchase for the possible acquisition, but Pipeline, the business website of local newspaper Valor Econômico, said the stock exchange operator could pay between $1.5 billion ($272 million) and $2 billion for Neoway. According to Pipeline, B3 has offered more money to acquire Neoway than Exper

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