Compagnie Financière Tradition SA acquires minority stake in Finarbit SA
(Thomson Reuters ONE) -
Compagnie Financière Tradition / Compagnie Financière Tradition SA acquires minority stake in Finarbit SA processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Compagnie Financière Tradition SA are delighted to announce the purchase of a
45% minority stake in Finarbit SA. Ten Swiss cantonal banks and one foreign bank
remain as majority shareholders.
Tradition's Swiss subsidiary, Tradition SA and Finarbit SA will collaborate on
an operational level. The aim of the collaboration is to further develop both
companies' Swiss based operations.
With a presence in 27 countries, Compagnie Financière Tradition SA is one of the
world's leading interdealer brokers. The Group provides broking services for a
complete range of financial products (money market products, bonds, interest
rate, currency and credit derivatives, equities, equity derivatives, interest
rate futures and index futures) and non-financial products (energy and
environmental products, and precious metals).
Compagnie Financière Tradition (CFT) is listed on the SIX Swiss Exchange. You
can find out more about our Group on our website at www.traditiongroup.com.
Lausanne, 20 May 2010
Press contacts:
Compagnie Financière Tradition SA Rochat & Partners
Patrick Combes, President Philippe Dunant
Tel.: +41 21 343 52 78 Tel.: +41 22 718 37 42
[HUG#1417351]
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Compagnie Financière Tradition
Langallerie 11 Lausanne Switzerland
WKN: 870121;ISIN: CH0014345117;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
Press release: http://hugin.info/133362/R/1417351/367784.pdf
Unternehmensinformation / Kurzprofil:
Datum: 20.05.2010 - 07:30 Uhr
Sprache: Deutsch
News-ID 21188
Anzahl Zeichen: 0
contact information:
Town:
Lausanne
Kategorie:
Business News
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