Lance Uggla, Chairman and CEO of IHS Markit commented: We are delighted by the overwhelming shareholder support of this strategic merger. We remain focused on bringing together two great companies for the benefit of our customers, employees and shareholders. The proposed agreement mandates that each share of IHS Markit common stock will be exchanged for…
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Deutsche Bank and Commerzbank revealed on Sunday that they were in merger talks, which confirmed the rumors that had circulated hinting at the merger. The announcement did not come as a surprise given the manner in which Deutsche Bank has struggled since the 2008 financial crisis. However, the announcement triggered concerns by labor unions about the likelihood that…
Read moreLeapRate has learned from sources close to the situation as well as from regulatory filings made late last week that retail Forex brokers IronFX and FXDD are planning to merge. At the same time, the merged company is planning to go public on Nasdaq via a reverse takeover of an existing publicly traded company. The transaction is…
Read more... 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 moreSix 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 moreToday brought another piece of proof about the dynamics and complexity of the retail Forex industry. GO Markets, a retail Forex broker whose operations have until now been focused on Australia, has finally launched its brand new UK website https://gomarkets.co.uk. The move has been widely expected: it was in December 2013 that GO Markets pledged…
Read moreJust 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 moreFollowing 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 morePreliminary 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 moreFollowing 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
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