Home Stocks UBS agrees to sell O’Connor unit to Cantor Fitzgerald (UBS:NYSE)

UBS agrees to sell O’Connor unit to Cantor Fitzgerald (UBS:NYSE)

by Deidre Salcido
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Financial services firm Cantor Fitzgerald said on Wednesday that it has entered into a definitive agreement to acquire the alternatives investment platform, O’Connor, from the Swiss bank UBS Group (NYSE:UBS).

The terms of the transaction were not disclosed.

The unit

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