FinanceMagnates
BGC Group, Inc. announced it has entered into an agreement
to acquire OTC Global Holdings, LP (“OTC”). According to the news release, OTC is the largest
independent institutional energy and commodities brokerage firm. The
acquisition will help BGC expand its Energy, Commodities, and Shipping (ECS)
business.Acquiring OTC Global OperationsOTC operates globally across North America…
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BGC Group Enters Agreement to Purchase OTC to Expand ECS Platform
Tareq Sikder
19:24
BGC Group, Inc. announced it has entered into an agreement to acquire OTC Global Holdings, LP (“OTC”). According to the news release, OTC is the largest independent institutional energy and commodities brokerage firm. The acquisition will help BGC expand its Energy, Commodities, and Shipping (ECS) business.Acquiring OTC Global OperationsOTC operates globally across North America…
