IPC and Etrali to combine businesses 14 September 2015New Jersey Reporter: Becky Butcher
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IPC Systems and Etrali Trading Solutions have made a binding proposal to combine businesses.
IPC and Etrali have developed businesses that provide technology and services required in the global financial markets.
The proposed combination would enable the companies to advance their strategic visions and growth plans to offer the most comprehensive solutions to the global financial community.
Executive management of both companies are supportive and reportedly excited by the future project, and the opportunity to create greater value for the global financial community.
The completion of the proposed transaction is subject to information consultation with Etrali’s Works Council and other customary closing conditions. IPC has been granted an exclusive negotiating period by Etrali’s shareholders.
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