ICAP Snags Brazil Broker
Nov 10, 2008
London-based broker ICAP is acquiring Arkhe DTVM, a Sao Paulo-based BM&FBovespa broker, for $17m, or 6x the target’s post tax 2007 earnings. “ICAP's strategy in Latin America is to . . . establish a strong base in Brazil...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.