Gain Capital to acquire Interbank FX

Tuesday, 27/09/2011 | 14:21 GMT by Michael Greenberg
  • Forex Magnates sources reveal that Gain Capital is about to seal the deal with Interbank FX. No information is yet known and neither company confirmed the information - naturally because Gain is a public company.
Gain Capital to acquire Interbank FX

Forex Magnates sources reveal that Gain Capital is about to seal the deal with Interbank FX. No information is yet known and neither company confirmed the information - naturally because Gain is a public company. IBFX has been shopping around to be bought for quite a while now as rumor has it that its financial performance is not satisfactory and it faces increasing pressure from its equity investor Spectrum who would like to exit the investment.

More details are expected soon.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

Forex Magnates sources reveal that Gain Capital is about to seal the deal with Interbank FX. No information is yet known and neither company confirmed the information - naturally because Gain is a public company. IBFX has been shopping around to be bought for quite a while now as rumor has it that its financial performance is not satisfactory and it faces increasing pressure from its equity investor Spectrum who would like to exit the investment.

More details are expected soon.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

About the Author: Michael Greenberg
Michael Greenberg
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