INTL FCStone Acquires ICAP’s EMEA Oils Broking Business

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INTL FCStone Acquires ICAP’s EMEA Oils Broking Business

Postby » Wed Sep 07, 2016 12:37 pm

INTL FCStone Ltd, a subsidiary of INTL FCStone Inc. (NASDAQ:INTL), a global financial services organization that supports execution and advisory services across commodities, currencies and securities, has inked an agreement to acquire the London-based EMEA oils business of ICAP plc, per a company statement today.

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CMA Approval

The news follows the decision by the Competition and Markets Authority (CMA) on 2 August 2016 indicating it was satisfied with undertakings from Tullet Prebon and ICAP’s global wholesale broking and information businesses, IGBB, to sell ICAP’s ... (read more)

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