Tullett Prebon acquires Primex

Primex, formerly known as Amerex Europe, brokers OTC transactions for financial institutions and energy companies in crude oil, middle distillates (gas oil, gas oil cracks and jet fuel) and fuel oil markets.

The acquisition is expected to complement Tullett Prebon’s current activities, which are focused primarily on power and gas products.

Total consideration for the acquisition is up to $40milllion, of which $3.7mn in cash and $22.3m in Tullett Prebon equity is payable on completion, with a

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: