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Charles Schwab to Acquire Forge Global for $660M

11/9/2025

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Summary

Story summary

Charles Schwab Corporation will acquire Forge Global Holdings for about $660 million.
Forge Global runs a private market platform that has facilitated over $17 billion in transactions.
The deal would expand Schwab's private markets capabilities and broaden access for qualified investors.
The acquisition is expected to close in the first half of 2026, pending regulatory approvals, with JP Morgan Securities and Sullivan & Cromwell LLP advising.

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Story summary

Charles Schwab Corporation will acquire Forge Global Holdings for about $660 million.
Forge Global runs a private market platform that has facilitated over $17 billion in transactions.
The deal would expand Schwab's private markets capabilities and broaden access for qualified investors.
The acquisition is expected to close in the first half of 2026, pending regulatory approvals, with JP Morgan Securities and Sullivan & Cromwell LLP advising.