BGC bolsters European business with RP Martin buy
US broker also has Swedish and Dutch subsidiaries in its sights
US broker BGC Partners has acquired the UK assets and subsidiaries of RP Martin, a broking firm specialising in European rates and foreign exchange.
BGC is also expected to snap up RP Martin's businesses and assets in Sweden and the Netherlands in 2015, subject to regulatory approval.
Financial details of the transaction have not been disclosed, but BGC says the overall assets and subsidiaries of RP Martin in the UK, Sweden and the Netherlands generated unaudited revenues of $50 million in the
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