15 Articles
15 Articles
StoneX to Acquire R.J. O’Brien for $900m
The move is expected to significantly expand StoneX’s global derivatives presence. Announced on Monday, the acquisition will be paid through a mix of $625 million in cash and 3.5 million shares of StoneX common stock. StoneX will also assume up to $143 million of RJO’s debt. The transaction is expected to close in the second half of 2025. The deal sees StoneX add over 75,000 clients and nearly 300 introducing brokers to its network, increasing …
StoneX's $900M Acquisition of R.J. O’Brien: A Strategic Expansion in Global Derivatives - Channelchek
Key Points: – StoneX acquires R.J. O’Brien for $900M, expanding its client base and derivatives footprint.– Deal brings in $766M in annual revenue and $170M in EBITDA, with $100M+ in combined synergies projected.– Signals broader consolidation in fintech and infrastructure, opening opportunities for small-cap innovators. StoneX Group Inc. (NASDAQ: SNEX), a diversified financial services firm with a $3 billion market cap, has entered into a defin…
StoneX builds out FCM presence with RJO acquisition - Global Trading
StoneX Group has agreed to acquire futures brokerage and clearing firm RJ O’Brien & Associates (RJO). RJO generated approximately US$766 million in revenue in 2024, while StoneX Group reported US$1.7 billion in net operating revenue over the year. The group currently has a market cap above US$3.5 billion. All RJO’s global businesses will be merged into StoneX. Gerry Corcoran, chairman and CEO of RJO, will take on a senior leadership role at Ston…
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