BASE METALS

Marex buys ED&F Man Capital Markets

London-headquartered and privately-owned metals and commodities broker Marex Group has agreed to buy rival ED&F Man Capital Markets in an estimated US$220 million deal.

Marex to buy ED&F Man Capital Markets

Marex to buy ED&F Man Capital Markets

The transaction to buy ED&F Man's brokerage unit will add to Marex's metals franchise, Marex said. The two firms last month said they had entered exclusive talks on the deal that will reduce  the number...

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