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J.C. Flowers Acquires Stake in LMAX Group - Traders Magazine

Traders Magazine 0 Shares LMAX Group, the leading independent operator of institutional execution venues for FX and crypto currency trading, today announced that it has signed a definitive agreement to sell a 30% stake in the company to J.C. Flowers & Co. LLC , a leading private investment firm dedicated to investing globally in the financial services industry, for a cash consideration of $300 million valuing LMAX Group at $1 billion. This is a secondary share sale by LMAX Group employees. T...
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