Spread-betting company sold for $233 million
By maddy
CVC Capital Partners Ltd., a London-based buyout firm, agreed to buy U.K. spread-betting company IG Group Plc for 143 million pounds ($233 million). CVC has teamed with IG managers led by Chief Executive Officer Nat le Roux to offer 255 pence a share in cash for the company. The bid was backed by IG's independent directors.
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