News Tag: full
November 19, 2009
US investment bank JPMorgan is to fully buy Cazenove, the UK broker, in a £1 billion ($1.7 billion) deal.
The deal comes as JPMorgan bought half of Cazenove in 2004 ago and created the JPMorgan Cazenove joint venture. It paid £700 million for the 50% stake.
Under the original terms set five years ago, the US investment bank had until February next ...
JPMorgan reveals £1bn deal to buy Cazenove
by Kay Murchie
