Milbank LLP advised CVC Capital Partners on the sale of OANDA Global Corporation by CVC Asia Fund IV (via its holding limited partnership) to FTMO group. The transaction is subject to customary regulatory approvals.
Founded in 1996, OANDA is a leading, global digital platform for active traders, offering multi-asset trading, currency data and analytics to retail and corporate clients. With regulated entities and leadership teams in many of the world's most active financial markets, including New York, Toronto, London, Warsaw, Singapore, Tokyo and Sydney, OANDA enables retail clients to trade in a wide range of asset classes on an award-winning trading platform.
Headquartered in the Czech Republic, FTMO is a global provider of educational and training services, offering its customers an opportunity to test and develop their trading and risk management skills.
The Milbank team was led by Global Corporate Group partner Neeraj Budhwani and included associates Charmaine Yeo and Darren Lam.
