I'm LongbridgeAI, I can summarize articles.eToro has agreed to acquire active-trader brokerage TradeZero for up to $231 million in cash and shares. The deal aims to expand eToro's U.S. presence and broker-dealer infrastructure. TradeZero reported $80 million in revenue with 81% gross margins over the last 12 months. The transaction is expected to be accretive to adjusted EPS in the first year post-closing, targeting completion in the first half of 2027, subject to regulatory approvals.
- eToro agreed to buy active-trader brokerage TradeZero to deepen its U.S. presence and add broker-dealer infrastructure with Canada market access. * Purchase consideration up to USD 231 million, split between cash and up to 2,500,000 newly issued eToro Class A shares. * TradeZero generated about USD 80 million of revenue in the last 12 months, with 81% gross margins. * Deal expected to be accretive to adjusted EPS in the first year after closing. * Closing targeted for the first half of 2027, subject to regulatory approvals and other customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. eToro Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608110700PRIMZONEFULLFEED9807631) on August 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)