JC Flowers exits Asia trading platforms business
JC Flowers has agreed to sell Hong Kong-based Chi-X Asia Pacific, which operates equity trading platforms in Australia and Japan, to US-based Cboe Global Markets.
Financial terms were not disclosed. The transaction is expected to close in the second or third quarter of 2021. JC Flowers acquired 100% of the business in 2016 for an undisclosed sum. Since then it...
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