Icap acquires remaining share of TriOptima
Interdealer broker Icap has announced that it will acquire the outstanding share capital of post-trade technology company, TriOptima, for €109 million (US$149 million) cash.
Icap originally invested in TriOptima when the business was founded in 2001, and will now acquire the remaining 61.78% of the share capital.
"Post-trade services are an area where risk management allied with technology innovation is creating exciting new high-growth opportunities for Icap," says Michael Spencer, group chief
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