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INTL FCStone to buy Luxembourg-based broker Carl Kliem SA

Jun. 13, 2018 8:57 AM ETStoneX Group Inc. (SNEX) StockBy: Liz Kiesche, SA News Editor
  • INTL FCStone (INTL) will buy Carl Kliem SA, an independent interdealer broker based in Luxembourg, "providing  an EU-based footprint for INTL FCStone post Brexit," says Philip Smith, INTL's chief executive, EMEA.
  • Terms of the transaction weren't disclosed.
  • Carl Kliem employs approximately 40 people and has more than 400 institutional clients.
  • Source: Press Release
  • Previously: INTL FCStone reports Q2 results (May 8)

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