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Japan s Shinsei Bank mulls steps to fend off $1 1b SBI Holdings bid

Japan s Shinsei Bank mulls steps to fend off $1 1b SBI Holdings bid
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J C Flowers Acquires Stake in LMAX Group - Traders Magazine

Traders Magazine 0 Shares LMAX Group, the leading independent operator of institutional execution venues for FX and crypto currency trading, today announced that it has signed a definitive agreement to sell a 30% stake in the company to J.C. Flowers & Co. LLC , a leading private investment firm dedicated to investing globally in the financial services industry, for a cash consideration of $300 million valuing LMAX Group at $1 billion. This is a secondary share sale by LMAX Group employees. The transaction remains subject to regulatory approval. We’re pleased to announce that J.C. Flowers & Co is to acquire a 30% stake in LMAX Group, valuing the business at $1 billion. In the words of our CEO @mercerdavid: “This is a significant milestone in our evolution that vindicates our industry-leading business model.. (1/2) LMAX Group (@LMAX) July 15, 2021

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