August 29, 2014 BY Mike Fox
Bridgepoint buys Forex provider Moneycorp for $352m
European private equity firm Bridgepoint has bought British foreign exchange provider Moneycorp for 212 million pounds ($351.8 million), the fund said on Friday. Moneycorp is owned by SOF Investments, which was spun out of Royal Bank of Scotland in 2013 as part of the state-owned bank's plans to shed non-core divisions. Moneycorp focuses on both…
Read more