CryptoThe Block42 minutes ago
StoneX Buys Equiniti for $4.2 Billion
2 min read
StoneX initiated a Buy rating for Bullish with a $42 price target, citing a pending $4.2 billion Equiniti acquisition expected to close in January. The deal grants Bullish transfer agent rights for 30% of the S&P 500 and half the FTSE 100, serving 3,000 issuers and 20 million shareholders. Bullish shares traded above $22, up 2.9%, implying 97% upside.
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