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GAIN Capital to Acquire Global Futures & Forex for $107.8M

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GAIN Capital Holdings, Inc. (NYSE: GCAP) today announced that it has signed a definitive agreement to acquire Global Futures & Forex, LTD (GFT), a global provider of retail forex and derivatives trading with offices in London, Singapore, Tokyo, Sydney and Grand Rapids, Michigan. The purchase price is approximately $107.8 million which, including $80 million of GFT cash at closing, results in a net purchase price of $27.8 million. The purchase price will be

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Posted-In: News Guidance Contracts Management M&A Global

 

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