Tag: forex mergers and acquisitions

March 25, 2015 BY Maria Nikolova

Rakuten Sec to acquire FXCM Japan for $62 million

FXCM Inc (NYSE:FXCM), a giant in the retail Forex industry, announced today that Rakuten Securities, Inc., a subsidiary of Rakuten Inc (TYO:4755), will acquire its Japanese operations in a deal worth approximately $62 million. The definitive agreement has been reached amid FXCM Holdings, LLC and FXCM Newco, LLC (“FXCM”) and Rakuten. The deal will see…

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November 12, 2014 BY Andrew Saks-McLeod

Volatile company stock prices make KVB Kunlun a takeover target

Keenly placed after a rise of fortunes which have driven an increase of 130% in share value, KVB Kunlun may be the next FX firm to be subject to the wave of mergers and acquisitions that have engulfed the global FX industry recently, with an investor showing interest in possible acquisition of all or part of the 1,500 million Shares owned by the controlling shareholder.

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