JFD Brokers Completes Acquisition of ACON Bank

[kreslik.news]

Almost a year after announcing it had acquired ACON Bank (ACON), JFD Brokers (JFD) released a statement on Tuesday saying that it has been given the regulatory thumbs up to complete its takeover of the German investment bank.

The retail broker first detailed its acquisition in January of this year when it revealed that it would be taking a 51 percent stake in ACON. That deal gives JFD the option to buy another 20 percent of the firm in the future.

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At the time of that announcement, as you can probably ... (read more)