Katten represented INTL FCStone Inc., a global specialized financial services provider in commodities, securities, global payments, foreign exchange and other markets, in its agreement to acquire G.X. Clarke & Co., a Securities and Exchange Commission-registered institutional dealer in fixed-income securities. The transaction is expected to close in early 2015. As a wholly owned subsidiary of INTL FCStone Inc., G.X. Clarke & Co. will be renamed INTL FCStone LP, offering the same products and services as it currently does with the additional support of INTL FCStone Inc.’s larger capital, operational resources and product range.
Chicago Financial Services partner Arthur Hahn and Chicago Corporate partner Jeffrey Patt led the representation of INTL FCStone Inc. on this transaction. The Katten team also included: Chicago Financial Services partner James Van De Graaff and associate Blake Brockway; Chicago Corporate partner Tanya Curtis and associate Cyrus Afshar; Chicago Employee Benefits and Executive Compensation partner Daniel Lange; Chicago Tax Planning partner Valentina Famparska; Chicago Employment Law and Litigation special counsel Nineveh Alkhas; New York Financial Services special counsel Gary DeWaal; and New York Tax Planning partner Jill Darrow.
(“INTL FCStone Inc. Acquires G.X. Clarke & Co., an Institutional Dealer in U.S. Government Securities, Federal Agency and Mortgage Backed Securities,” November 12, 2014)