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eToro plans to acquire US online brokerage TradeZero for up to $231 million.

1 hours ago

eToro Group Ltd. announced today that it has reached an agreement to acquire TradeZero, a US-focused online broker primarily serving active traders. Under the terms of the deal, eToro expects the total consideration for the acquisition to reach up to $231 million, comprising cash and up to 2.5 million newly issued Class A common shares, with the exact amount subject to adjustment per standard transaction price adjustment mechanisms.

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