INTL FCStone (INTL) to Acquire ICAP's EMEA Oils Business
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INTL FCStone Expands Capabilities with Acquisition of ICAP’s EMEA Oils Broking Business
September 8, 2016 7:13 AM EDTNEW YORK, Sept. 08, 2016 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (NASDAQ: INTL), a diversified global financial services organization delivering execution and advisory services in commodities, currencies and securities, today announced that its subsidiary, INTL FCStone Ltd, has reached an agreement to acquire the London-based EMEA oils business of ICAP plc following of the approval granted by the UK Competition and Markets Authority.
The business includes over 30 front office employees across the fuel, crude, middle distillates, futures and options desks with deep-rooted relationships with over 200 well known commercial and institutional customers... More
