Tag: M&A

March 21, 2016 BY Maria Nikolova

Markit and IHS to merge in $13 billion deal

Markit Ltd (NASDAQ:MRKT) and IHS Inc. (NYSE:IHS) today unveiled their agreement to merge, creating a giant in critical information, analytics and solutions. Based on the closing prices of IHS and Markit common stock on March 18, 2016, the implied equity value of the transaction exceeds $13 billion. The transaction has gained the unanimous approval of…

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March 16, 2016 BY Maria Nikolova

FXCM Asia to rebrand as Rakuten Securities HK in April

FXCM Asia, formerly a part of FXCM Inc (NYSE:FXCM) and currently a wholly owned subsidiary of Rakuten Securities, today announces its pending rebranding. FXCM Asia Limited (FXCM Asia) will be rebranded as Rakuten Securities Hong Kong Limited (Rakuten Securities HK) on April 21, 2016. This serves to reflect the company business development after Rakuten Securities,…

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March 07, 2016 BY Maria Nikolova

MB Trading redesigns website following acquisition by TradeKing

US futures, options and stock broker MB Trading has presented the visitors of its website with a redesigned look, to reflect the fact that the company was acquired by TradeKing. In addition to the logo, which now clearly states that MB Trading is offered by TradeKing, the website is less crowded in terms of text and…

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March 04, 2016 BY Maria Nikolova

IBFX Australia bids goodbye to clients

Visitors of the website of IBFX Australia were today greeted with a short notice announcing that the company has decided to halt forex operations. Ex-clients of the company are encouraged to contact the customer support service if they have any questions. The announcement comes less than a fortnight after OANDA said that it had agreed to…

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March 03, 2016 BY Maria Nikolova

Pepperstone secures strategic investment from CHAMP Private Equity

Australian retail Forex broker Pepperstone today announced that it has secured a major strategic investment from CHAMP Private Equity, one of Australia's leading PE firms. Melbourne-based Pepperstone founder is partnering with CHAMP in order to support the broker's expansion. Pepperstone intends to open offices in multiple new regions this year. In order to further boost their…

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March 02, 2016 BY Maria Nikolova

ICE to acquire two S&P Global Market Intelligence divisions

Operator of global exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) on Tuesday announced it is expanding its data and valuation business through the acquisition of two assets under the S&P Global Market Intelligence business unit, from McGraw Hill Financial Inc (NYSE:MHFI). ICE has entered into a definitive agreement to acquire provider of fixed income…

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March 01, 2016 BY Maria Nikolova

ICE confirms that it considers making an offer for LSE

International operator of global exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has just confirmed that it ponders making a bid for London Stock Exchange Group Plc (LON:LSE). The announcement comes just a week after LSE and Deutsche Boerse AG (ETR:DB1) said they were in advanced-stage merger discussions. In today's announcement, ICE notes that no approach…

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