Japan's Daiwa to pick up 15% stake in Ambit

The investment builds upon the existing association between the two groups. Financial terms of the deal were not disclosed. The deal is subject to the completion of customary conditions precedent and regulatory approvals. Part of the Daiwa investment will go towards providing liquidity to some of the employee shareholders and other minority shareholders of Ambit

from Banking/Finance-Industry-Economic Times https://ift.tt/YsHhiDT