Fintech Moneyfarm Said to Reject EToro Bid of Up to €300 Million

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EXCLUSIVE
Fintech Moneyfarm Rejects EToro Bid of Up to €300 Million, Sources Say
Takeaways by Bloomberg AI
European digital wealth manager Moneyfarm has rejected a takeover approach from trading platform eToro Group Ltd, according to people familiar with the matter.
EToro made an offer to acquire Moneyfarm in recent months in the range of €250 million ($280 million) to €300 million, said the people, asking not to be named while discussing private information. Moneyfarm ultimately decided not to pursue a transaction, because it considered the valuation too low, the people said.

document fetched 2026-10-23 16:25 · canonical https://bloomberg.com/news/articles/2026-10-23/fintech-moneyfarm-said-to-reject-etoro-bid-of-up-to-300-million