Euronext announced earlier this week that it has extended its Oslo Børs VPS Holding ASA’s outstanding shares acquisition offer. The pan-European exchange will continue to receive and accept acceptances of the offer up to 31 May 2019. All other terms of its offer as revised remain unchanged. Back in December 2018 Euronext raised its commitment…
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Forex trading platform developer MetaQuotes announced that it has just purchased the largest specialized project on the Runet. The company has acquired the Searchengines.ru news portal along with Searchengines.guru, the SEO and the digital marketing forum. This deal enables further expansion and development of our web analytics and conversion optimization services," Renat Fatkhullin, CEO of…
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Canada’s alternative asset management company Integrated Asset Management Corp. (IAM) (TSX:IAM) announced that it has just closed a $22,000,000 senior secured term loan to Lagasco Inc. Lagasco is going to use IAM's provided funds to purchase a portfolio of producing oil & gas assets located in Southwestern Ontario from a Limited Partnership. LeapRate reminds that…
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Post-trade securities and derivatives processing technology provider Torstone Technology has announced that it has signed a definitive agreement to acquire Percentile. Torstone has recently announced that it has expanded its London headquarters, following a revenue increase of over 50% year on year. The next step in the company's expansion is Percentile' acquisition, giving the firm the…
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Singapore Exchange (SGX) has just announced that it has acquired a 20% stake, by investing $25 million, in TradingScreen’s BidFX - a specialized trading platform for global FX markets, launched back in 2017. This investment will allow SGX to offer its Asian FX futures alongside BidFX’s OTC products, bringing together both pools of liquidity. BidFX…
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eToro, the Israel-based trading and investment platform, just weeks after launching its services in the United States, announced that it will purchase the smart contracts provider, Firmo for an undisclosed price. Through this purchase, eToro hops to grow the tokenized financial assets on its own platform. In particular, eToro was most interested in the technical…
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Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) announced that it has completed the acquisition of Internaxx Bank in Luxembourg after receiving regulatory approval from the European Central Bank and the CSSF (Commission de Surveillance du Secteur Financier) in Luxembourg. The €27.7 million purchase price includes goodwill of approximately 25% and is being…
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Canada’s alternative asset management company Integrated Asset Management Corp. (IAM) (TSX:IAM) has announced earlier that it has entered into a definitive arrangement agreement with Fiera Capital Corporation (TSX:FSZ) last week. According to the agreement, Fiera Capital will acquire all of the outstanding common shares of IAM. Transaction Highlights: Total consideration to IAM shareholders of $74…
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INTL FCStone Inc. (NASDAQ: INTL) just informed that its Singaporean subsidiary INTL FCStone Pte Ltd (IFP) is about to acquire the futures and options brokerage and clearing business of UOB Bullion and Futures Limited, a subsidiary of United Overseas Bank Limited. Greg Kallinikos, Deputy CEO, Asia, commented on the acquisition: Adding such a well-established, Asian-focused…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) announced that following the initial success of its cooperation with Nayax Ltd, on 17 January 2019 the two companies had agreed to extend their acquiring contract up to 2024. The extension of the acquiring agreement was governed by the following terms: Nayax’s founding stockholders agreed…
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