BUZZ-Bumble surges on reports that Ithaca Holdings is about to finalize a privatization deal
路透社2026/10/12 18:41October 12 - ** Shares of dating app operator Bumble (BMBL.O) rose 21.3% in afternoon trading to $3.1
** Reuters, citing a source familiar with the matter, reported that Bumble is in advanced talks over a deal to be taken private by Ithaca Holdings (link), valuing the company at about $1 billion
** Bumble has not yet responded to Reuters’ request for comment
** Earlier this year, Reuters exclusively reported that, amid slowing growth in the online dating industry, Bumble was exploring a sale (link)
** Including today's gain, BMBL shares are down 13.7% year to date
(To facilitate non-English speakers, Reuters provides automated translations of its reports in several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the translated text and provides it solely for reader convenience. Reuters accepts no responsibility for any damage or loss occurring as a result of use of the automated translation feature.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mortgage rates return to 7%, pending home sales in the US fall to nearly a twelve-year low
According to Freddie Mac data, the 30-year fixed mortgage rate has risen to 7.4%, the highest level in nearly three years. Data from real estate brokerage Redfin shows that the volume of existing home pending sales in September fell 4% month-on-month, marking the largest single-month drop in over three years and hitting the lowest level since 2014. Nearly one-fifth of sellers have reduced prices, and the home purchase contract cancellation rate has reached a record high of 14.5%. Inventory levels have risen to the highest since March 2020, but high financing costs continue to constrain transactions.
Mueller Water Products names Michael Morgan CFO, succeeding Melissa Rasmussen
GLD ETF Falls 0.6%
JPMorgan’s tokenized funds on Ethereum hold $844 million
Crypto prices
More
