Schwab Acquires Forge Global for $660 Million
Charles Schwab has agreed to acquire Forge Global Holdings, Inc. for approximately $660 million, purchasing all outstanding shares at $45 each in cash. The deal, approved by both companies' boards, is expected to close in the first half of 2026, pending customary conditions. Forge is known for its private market platform that facilitates trading of private company shares. Major shareholders Motive Capital and Deutsche Börse support the transaction.
Charles Schwab has entered into a definitive agreement to acquire Forge Global Holdings, Inc. in a transaction valued at approximately $660 million. Under the terms of the agreement, Schwab will purchase all outstanding common shares of Forge for $45 per share in cash. The deal has received unanimous approval from both companies’ boards of directors and is expected to close in the first half of 2026, pending customary closing conditions and required approvals. Forge operates a leading private market platform, facilitating the trading of private company shares and offering a range of investment opportunities. Motive Capital and Deutsche Börse, Forge’s two largest stockholders, have committed to supporting the transaction. 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. The Charles Schwab Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251106844014) on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
