Marex Financial will acquire over-the-counter energy derivatives broker, Spectron Group. The London-based commodities broker will pay $154.1 million to Norway’s freight and energy broker, Imarex. The transaction, which is subject to approval by the Financial Services Authority, is likely to be completed in the second quarter of this year. Marex Group is majority-owned by JRJ Group and its partners, Trilantic Capital Partners and BXR Group.
Click here for the release from PR Newswire.