Tag: acquisition

Playtech
January 21, 2022 BY Steffy Bogdanova

JKO withdraws acquisition offer for Playtech

Aristocrat Offer The Board of Directors of Playtech unanimously recommends that the shareholders vote in favour or Aristocrat Leisure’s offer. Playtech’s Court and General Meetings, where the shareholders can vote on the acquisition offer and on the Playtech Resolutions will be held on 2 February 2022. Playtech’s BoD has shared concerns that it still seeking…

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Swissquote
January 12, 2022 BY Steffy Bogdanova

Swissquote announces acquisition of Keytrade Bank Luxembourg

Marc Bürki, CEO of Swissquote, said: With the acquisition of Keytrade Bank Luxembourg we will strengthen our European expansion. Moreover, we will continue to develop our service offering to suit the needs of institutional as well as private clients in Luxembourg and the European Union. We will bring together the strengths of both institutions –…

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Acquisition
January 05, 2022 BY Steffy Bogdanova

Redline Trading Solutions acquired by Pico

With steady investments in the software solutions provider, Redline’s service offering will be become fully and globally comprehensive. This will allow the company to deliver real-time and historical normalized financial market data including consolidated, delayed or end-of-day formats through wire protocol or API, available in available in Pico’s financial cloud. Pico’s clients will be able…

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Visa
December 21, 2021 BY Steffy Bogdanova

Visa finalises acquisition of Currencycloud

Visa revealed its plans to buy Currencycloud in July 2021 for £700 million. The deal is based on the foundation of the two form’s existing partnership. Currencycloud’s cloud-based platform supports more than 500 banking and technology clients. Since it was founded in 2012, the company has spread across more than 180 countries.

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Acquisition
December 20, 2021 BY Steffy Bogdanova

OFX Group acquires Canadian FX company Firma in $69.6 million deal

The acquisition have a significant positive impact on the volumes in the trading of USD/CAD and USD/GBP pairs. OFX Chief Executive Officer and Managing Direator, Skander Malcolm said: This is our first major acquisition and very much aligned with our strategy of building scale in the Corporate segment and growing the North American region. Firma…

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Deutsche Börse
December 16, 2021 BY Steffy Bogdanova

Deutsche Börse acquires majority stake in Crypto Finance

Crypto Finance will now be able to access to Deutsche Börse’s client and infrastructure and its capital base to further grow its team, carry out structural growth plans, and broaden its product and service portfolio. The expansion of the customer base will be focused on Germany in Europe, and Singapore in Asia. Eric Leupold, Head…

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Robinhood
December 15, 2021 BY Steffy Bogdanova

Cross-exchange crypto trading platform Cove Markets acquired by Robinhood

Christine Brown, Chief Operating Officer of Robinhood Crypto, said: Scott, Victor and the Cove Markets team will bolster our crypto trading platform and help us strengthen our leadership in the crypto industry. Their wealth of experience in trading execution and crypto market infrastructure will help us to build more powerful trading capabilities, bringing the benefits…

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Acquisition
December 14, 2021 BY Steffy Bogdanova

ZuluTrade acquired by Finvasia

Greece-headquartered social trading platform ZuluTrade has leveraged the potential of the trading community and algorithmic performance ranking in order to connect traders with investors. This acquisition fits well with Finvasia group’s multi-phase strategy in building an integrated fintech ecosystem for investors. Sarvjeet Singh Virk, Co-founder & Chief Managing Director , Finvasia Group, said: Since Finvasia…

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Acquisition
December 06, 2021 BY Steffy Bogdanova

LSEG to acquire Quantile Group in a £274 million deal

The Group noted that Quantile's services will be available on an Open Access basis that will continue to offer customers the choice of where to clear, compress and optimise their trading activity. LSEG added that Quantile will preserve its independence within LSEG's Post Trade division and report to Daniel Maguire, LSEG's Group Head of Post…

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