The proposed demerger of Man Financial from parent company
Man Group could make the brokerage more agile and able to
pursue takeover targets with renewed vigour, according to
One source told FO Week that the brokerage unit, to
be known as MF Global, would be able to dedicate itself even
more to acquisitions without the headache of having to seek
approval from a parent company. Man has already been strongly
acquisitive in the brokerage arena, assimilating some of the
component parts of major rival Refco, following the latter's
collapse in 2005 (see FO Week Vol 10 No 45).
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