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MIH Receives $40m Investment from Warburg Pincus

  • Miami International Holdings, Inc. (MIH) secures a $40 million investment from Warburg Pincus for global expansion.
  • The funding was used to help finance the acquisition of The International Stock Exchange (TISE) in Europe.
  • The investment supports MIH's strategy of diversifying revenue streams across multiple regions.
  • The Chairman and CEO of MIH, Thomas P. Gallagher, views the investment as validation of their international growth plan.
  • Warburg Pincus had previously provided a $100 million investment for MIH's growth initiatives.
  • MIH intends to launch the MIAX Sapphire options exchange and expand its trading platforms and futures businesses.
  • The investment from Warburg Pincus is aimed at strengthening MIH's international expansion efforts.
  • Piper Sandler & Co., Davis Polk & Wardwell LLP, and other firms provided financial and legal counsel for the transaction.

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