Daiwa buys KBC's global convertible bonds unit

Thu Jul 15, 2010

Daiwa Capital Markets, the investment banking arm of leading Japanese brokerage and financial services company Daiwa Securities Group, is acquiring the global convertible bonds and Asian equity derivatives businesses of Belgium's KBC Group.

The acquisition will involve a total consideration of approximately $1 billion - consisting...

ISSN: 2151-1845 / CDC10004H

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