Deutsche Börse, Munich Re and Wells Fargo will secure exits through a deal that will give the private shares marketplace a public listing.
Forge Global, a US-headquartered private securities marketplace backed by corporate investors Deutsche Börse, Munich Re and Wells Fargo, agreed yesterday to a reverse merger with special purpose acquisition company Motive Capital Corp.
The transaction will value the combined business at approximately $2bn and it is set to acquire the position on the New York Stock Exchange secured by Motive Capital in a $360m initial public offering in December 2020.
The deal will be boosted by $68.5m in private investment…
