Israeli company Traiana to be bought by world's premier inter-dealer broker

By JPOST.COM STAFF
October 10, 2007 10:32




The British company ICAP plc (IAP.L), the world's premier inter-dealer broker, has reached a deal to purchase Traiana, an Israeli company and a leading provider of automated post-trade processing services to financial institutions, ICAP announced Wednesday. ICAP agreed to buy Traiana's share capital for $238 million plus $9 million of ICAP shares that will vest within four years.


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