Hg Capital beats rivals to Rolfe & Nolan

A majority of Rolfe & Nolan' shareholders have accepted Hg Capital's £15m (€22m) offer for Rolfe & Nolan, the UK supplier of back-office services to the derivatives industry, beating rival expressions of interest from OnExchange and Navora.

The company said it had received acceptances representing 54% of its share capital and declared the offer unconditional in all respects.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink