Tag: M&A

February 02, 2016 BY Maria Nikolova

US DOJ requests more information about Tullett Prebon – ICAP deal

Tullett Prebon Plc (LON:TLPR) has earlier today issued an update about the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP). Tullett Prebon said it received a request for additional information and documentary material from the United States Department of Justice (DOJ) in connection with the transaction. This form of…

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February 01, 2016 BY Maria Nikolova

GVC Holdings completes acquisition of InterTrader owner bwin.party

After the reception of a court approval of the scheme of arrangement of the acquisition of bwin.party Digital Entertainment Plc (LON:BPTY), owner of CFD and spread betting services provider InterTrader, by GVC Holdings PLC (LON:GVC), the companies confirmed today that the deal is completed. GVC said it now owns the entire issued ordinary share capital…

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February 01, 2016 BY Maria Nikolova

Court approves proposed acquisition of Betfair by Paddy Power

Shortly after the proposed merger of Paddy Power plc and Betfair Group Ltd (LON:BET) secured the nods of approval of the UK Competition and Markets Authority (CMA) and Ireland’s Competition and Consumer Protection Commission (CCPC), the deal got the approval of a UK court. The High Court of Justice of England and Wales has today…

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January 29, 2016 BY Maria Nikolova

Court sanctions scheme of acquisition of bwin.party by GVC Holdings

bwin.party Digital Entertainment Plc (LON:BPTY), owner of CFD and spread betting services provider InterTrader, today announces that the scheme for bwin's proposed acquisition by GVC Holdings PLC (LON:GVC) has been sanctioned by the Court. bwin.party also announces that, as of 5.00 p.m. on January 28, 2016, the listing of the bwin.party shares on the official list of…

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January 25, 2016 BY Maria Nikolova

Investment advisor Vest becomes majority-owned subsidiary of CBOE

CBOE Holdings, Inc (NASDAQ:CBOE), the holding company for Chicago Board Options Exchange, C2 Options Exchange, CBOE Futures Exchange, and other subsidiaries, today announces a majority equity investment in The Vest Financial Group Inc., an investment advisor that provides options-centric products. Previous investors in Vest, such as Y Combinator, Payment Ventures, and First Round Capital, have…

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January 22, 2016 BY Maria Nikolova

StatPro acquires Investor Analytics for $10M in cash

StatPro Group PLC (LON:SOG), a provider of portfolio analysis and asset pricing services for the global asset management industry, today announced that it has acquired the entire share capital of Investor Analytics LLC ("IA"), a US-headquartered, cloud-based risk analytics company to hedge funds and asset managers, for a cash consideration of $10 million. There is…

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January 19, 2016 BY Mike Fox

Kraken, the SF-based global bitcoin exchange announces M&A acquiring Coinsetter and Cavirtex

Global bitcoin exchange Kraken today announced that they are acquiring major exchanges Coinsetter and Cavirtex. NYC-based Coinsetter, founded in 2012, is one of America’s most prominent national bitcoin exchanges, and Cavirtex, founded in 2011, is Canada’s first bitcoin exchange with unmatched historical trading volume in the country. With these two acquisitions, Kraken sets the stage for an…

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January 15, 2016 BY Maria Nikolova

Ireland's CCPC approves proposed merger of Betfair, Paddy Power

Less than a month after the proposed merger of Paddy Power plc and Betfair Group Ltd (LON:BET) got the nod of consent of the UK Competition and Markets Authority (CMA), the deal secures the approval of Ireland's Competition and Consumer Protection Commission (CCPC). The Irish watchdog today announced that it has cleared the proposed merger.…

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January 13, 2016 BY Maria Nikolova

BGC Partners closes on full merger with GFI Group

BGC Partners, Inc. (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate markets, on Tuesday announced the completion of its merger with GFI Group Inc.(OTCMKTS:GFIG), an intermediary and provider of trading technologies and support services to the global OTC and listed markets. Impact on Financial Statements Regarding BGC's consolidated financial results, for the…

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January 12, 2016 BY Maria Nikolova

First Derivatives continues acquisition spree, buys QuantumKDB

After last year's acquisitions of Prelytix, ActivateClients and Affinity Systems, provider of software and consulting services First Derivatives plc (LON:FDP) today announced one more acquisition – that of QuantumKDB (UK) Limited. FD said that it has acquired the entire issued share capital of Quantum for total consideration of up to £2.2 million, including initial consideration of…

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