FFastfill Aquires Future Dynamics
VENDOR UPDATE
LONDON-Ffasfill recently announced an all-share deal to acquire rival direct market access (DMA) vendor, Future Dynamics, further evidence that a DMA vendor consolidation is under way.
In total, 3,333,333 newly issued Ffastfill shares, representing approximately 17 percent of the new entity’s share capital, will be transferred to Future Dynamics’ directors and venture capitalist backers, Catalyst. At the time the deal was announced, the cash value of the shares stood at approximately £2.8 million
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