Tag: acquisition

Monex Group
November 26, 2021 BY Steffy Bogdanova

Monex Group finalises acquisition of Viling

The official announcement said: With STEAM education, Viling nurtures problem-solving skills through the use of technology and other means to develop human resources who can play an active role in the new ‘Society 5.0’. We believe Viling, with its global standard educational theories and its philosophy and passion for social contribution, is the best partner…

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Playtech
November 19, 2021 BY Steffy Bogdanova

Gopher withdraws from the acquisition race for Playtech

The official statement said: Today's announcement has no bearing on Gopher's agreement to acquire Playtech's financial trading division, Finalto. Gopher remains fully committed to the acquisition. The process is ongoing and is expected to complete in H1 2022. Yesterday Playtech revealed that JKO Play Limited is also shown interest and has inquired about due diligence…

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Playtech
November 18, 2021 BY Steffy Bogdanova

Playtech confirms JKO's acquisition interest

JKO’s interest follows a £2.7 billion acquisition offer made by Australian gambling equipment maker, Aristocrat Leisure. Gopher Investments, the largest Playtech shareholder that recently bought Finalto, also made an offer to acquire Playtech. JKO is currently in discussions with Centerbridge Partners L.P and others for the provision of capital funding for the acquisition of Playtech.…

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Acquisition
July 20, 2021 BY Alan Sayer

Plus500 finalises acquisition of Cunningham Commodities

This latest acquisition is a continuation of Plus500’s strategy of acquiring companies to expand its geographical reach. This is a two-part process that the company carries out as it invests internally in its products and acquires companies that allow access into new markets. David Zruia, CEO of Plus500, had this to say: With a combination…

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Acquisition
April 21, 2021 BY Steffy Bogdanova

Plus500 acquires Cunningham Commodities, enters US futures market

David Zruia continued: The acquisition represents an important strategic step for Plus500 as we continue to transition into a global, multi-asset fintech group. Our long-term ambition is to enable simplified, universal access to financial markets, and I’m excited that we have taken a further step toward achieving this today. Bill Cunningham, Andrew Busby and Nate…

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Acquisition
March 02, 2021 BY Steffy Bogdanova

StoneX acquires a minority stake in Tigress Financial Partners

Founded in 2011 by Wall Street veteran Cynthia DiBartolo, Esq., Tigress Financial Partners LLC, the company is diversity SEC/FINRA registered full-service broker dealer providing services in capital markets underwriting, investment banking, equity research, global debt and equity securities sales and trading, and investor services including global wealth management and asset management. Cynthia DiBartolo, CEO of…

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acquisition
February 10, 2021 BY Steffy Bogdanova

Fintech firm FDCTech to acquire Genesis Financial

Genesis operates its business mainly in the Asia-Pacific region through two Australian entities. The company reported consolidated revenue and EBITDA of USD 15.6 million and USD1.2 million, respectively for 2020.  With FDC's software development resources, Genesis is planning to expand in Australia's fragmented Independent Dealer Group business sector. FDC's Chief Executive Officer, Mitchell M. Eaglstein,…

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Acquisition
January 20, 2021 BY Steffy Bogdanova

LSEG to finalize Refinitiv acquisition on 29 January

The finalization of the deal follows the approval granted from the European Commission back in December. The EU regulator said its investigation discovered a number of concerns about the deal, however those could be addressed by a range of remedies The authorities have been concerned that the acquisition would give the London bourse too much market data…

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LSEG gets regulatory approval for $27 billion Refinitiv deal
January 14, 2021 BY Steffy Bogdanova

LSEG gets regulatory approval for $27 billion Refinitiv deal

The approval of the acquisition brings a lengthy regulatory review of the deal, which will see Refinitiv owner Blackstone take a stake in LSE and will clear the way for a major new rival to Bloomberg. The authorities have been concerned that the acquisition would give the London bourse too much market data control, enabling…

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Acquisition
January 11, 2021 BY Steffy Bogdanova

IHS Markit acquires compliance technology provider Cappitech

Pierre Khemdoudi, Managing Director, Global Equities at IHS Markit said: Regulatory reporting demands will continue to grow rapidly around the globe and customers are looking for a reliable, frictionless and cost-effective way to comply with requirements across jurisdictions. Cappitech’s platform complements our existing offering, enabling us to provide the most comprehensive and scalable integrated financial…

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