Announced
Completed
Financials
Sources
Tags
brokerage
Diversified Financials
Private
Single Bidder
Cross Border
Majority
Cyprus
financial services
Acquisition
Friendly
Completed
Synopsis
Accuindex, a Forex and CFD broker, completed the acquisition off the Cyprus operations of Ruizean, an Australia-based group of companies specialising in financial services. Financial terms were not disclosed. "This new addition to Accuindex's operations reflects the strength of the strategic position we have built in the industry. Europe is a key market for us and having the CySEC regulation and a local office gives us a significant presence in the continent. Our aim is to accommodate the needs of our clients and provide a safe and regulated ecosystem for trading of financial assets internationally," Samer Mourched, Accuindex Chief Operating Officer.
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