LeapRate has learned from sources close to the situation as well as from regulatory filings made late last week that retail…
Read MoreTag: merger
Playtech continues FX acquisition spree, buying AvaTrade for $105 million
… and Playtech doesn’t seem done. They also agreed a €200 million unsecured revolving credit facility with Barclays and RBS, to target more acquisitions
Read MoreICAP’s EBS and BrokerTec release new brand
Six months after ICAP announced it will merge the electronic businesses, the combination of their operations marks significant progress and a new brand with a dedicated website is launched.
Read MoreGO Markets launches UK website, joins forces with VantageFX
Today brought another piece of proof about the dynamics and complexity of the retail Forex industry. GO Markets, a retail…
Read MoreAutomatic payments processing company Fundtech acquired for $1.25 billion
Just four years after its previous sale by Clal Industries for $390 million, automatic payment solutions firm Fundtech has been sold to DH Corporation for $1.25 billion, increasing its value threefold since 2011
Read MoreRJ O’Brien and GFI agree on acquisition of Kyte Group
Following approval by the FCA, the transaction is expected to close no later than March 17. After closing of the transaction, Kyte will operate under the name “R.J. O’Brien Limited
Read MoreGFI Group shareholders do not approve proposed acquistion by CME Group
Preliminary results from the GFI shareholder meeting held on Friday morning in New York indicate that GFI shareholders did not approve the proposed merger. As a result, the parties each determined that terminating the merger agreement and related transactions was in the best interest of their respective companies and shareholders at this time
Read MoreIt’s official! Charles-Henri Sabet formally takes the helm at London Capital Group
Following regulatory approval by the FCA of Charles-Henri Sabet’s proposed financing plan, Mr. Sabet has been appointed Executive Chairman of the company with immediate effect
Read MoreITG announces quarterly results, purchases RFQ-hub
ITG reduced its operational costs by closing an overseas development center, however revenue is slightly down YoY to $138.5 million as company forges ahead with RFQ-hub purchase.
Read MoreLarge scale M&A activity continues as CME acquires FENICS and Trayport from GFI Group
In addition to CME’s acquisition of FENICS and Trayport for $4.55 per share, a private consortium of GFI Group management will acquire brokerage business for $165 million in cash
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