Acquisition of DailyFX
RNS Number: 2715L
Released 07.00 30-September 2016
IG Group Holdings plc
30 September 2016
IG Group (“IG”), a global leader in online trading, today announces that it has agreed, subject to final approvals, to purchase DailyFX, a leading global news and research portal, and its associated assets, from FXCM Inc. for a total consideration of $40 million (currently £30.8 million). It is anticipated that the transaction will complete by the end of October.
Full details can be accessed here.