LOOSE CHANGE
LOOSE CHANGE
Although officials decline to reveal the sale price in the deal between the EBS Partnership and Citibank for ownership of Citicorp Dealing Resources (CDR), sources close to the transaction say rumours of a $150 million (£96.1 million) sale price are not far off. The EBS Partnership, which owns the Electronic Broking Service (EBS) announced that it bought its technology provider, CDR, from Citibank last week (FXW, July 8). The deal was consummated on June 28 after more than six months of
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