Reuters: EquiLend for sale after collusion settlement

EquiLend is exploring a sale following settlement of a major collusion lawsuit, people familiar with the matter told Reuters.

The company is working with investment bank Broadhaven Capital Partners on an auction process, which is expected to draw interest from exchange operators, financial technology providers and private equity firms, said the sources. Pan-European bourse Euronext is one of the parties interested in EquiLend, one of the sources added.

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