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IIROC approves CVC acquisition of OANDA (Canada) Corporation

From financefeeds.com

More than five months have passed since online trading services provider OANDA announced it had accepted an offer from a wholly-owned subsidiary of CVC Capital Partners (CVC) Asia Fund IV to acquire all of the outstanding equity of OANDA. Back then, the broker said that the deal is subject to customary regulatory approvals. On Tuesday, October 16th, the Investment Industry Regulatory Organization of Canada published a notice concerning OANDA (Canada) Corporation ULC and the deal with CVC. The notice informs the public of regulatory clearance gained by the deal. “The Ontario District Council of the Investment Industry ... (full story)

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