July 09, 2018 BY LeapRate Staff

Saxo Bank sells Banking Circle to Swedish PE firm EQT

Copenhagen based Retail FX brokerage group Saxo Bank is continuing a radical makeover of the company and jettisoning of non-core assets, agreeing to sell its Banking Circle payments unit to Swedish private equity firm EQT partners. The parties did not disclose a price for the transaction. Prending regulatory approval, the sale is expected to close…

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