The acquisition is set to boost Markit’s FX processing unit
Acquisitive data vendor Markit has
confirmed plans to acquire trade processing and trading
services firm, DealHub, in order to boost its FX processing
business, after the unit saw a number of senior staff depart in
The acquisition will be funded through
cash and Markit’s revolving credit facility,
though financial terms of the deal were not disclosed.
DealHub is a trade processing and trading
services provider which caters to the foreign exchange
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