Virtu Financial to Acquire KCG, Backing from Wealth Fund Capital
Posted on 04/20/2017
High-speed trading firm Virtu Financial, Inc. signed a definitive agreement to acquire its rival KCG Holdings, Inc. in a cash transaction valued at US$ 20 per KCG share, or a total of approximately US$ 1.4 billion. Both the board of directors of Virtu Financial and KCG agreed to the transaction. Jefferies LLC, the largest shareholder […]
- Alternatives
- Government of Singapore Investment Corporation
- High Speed Trading
- JPMorgan
- KCG
- North America
- North Island
- Private Equity
- PSP Investments
- Silver Lake Partners
