UK's Close Brothers to sell Winterflood to Marex for $140 million
Close Brothers, which is streamlining its portfolio to focus on its core lending business, said it was the "right time" to sell Winterflood, a liquidity provider to over 500 stockbrokers, wealth managers, investors and other market participants.
The deal is expected to close in early 2026.
($1 = 0.7411 pounds)
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Daily Mirror
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