Archive for August, 2006

City Index snaps up IFX

August 4, 2006guidfarr No Comments »

Tweet Spread betting company City Index has agreed to snap up financial trading platform operator IFX Group. City Index and IFX announced today that they have agreed a recommended cash offer priced at 180p per share, valuing IFX at £57.9m. The offer comes at a 15% premium to IFX’s share price on 25 April, when […]

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IG Group’s year earnings jump

August 1, 2006guidfarr No Comments »

Tweet IG Group – Britain’s biggest spread-betting company, posted a 51 percent rise in core profit to 52.6 million pounds on Monday and said a return of cash to shareholders was becoming more likely. The company, which allows investors to speculate on currencies, interest rates, shares and indices, had said in an earlier trading update […]

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