Business | Friday, 17 February 2023 at 13:10
The new agreement includes Maxim financial consultants, the Bank's registered investment consultancy unit.Kredi: Scott Graham, Unflash. Freedom, a financial services company, signed a definite agreement to purchase the American Investment Bank Maxim Group with an agreement worth approximately $ 400 million. Maxim Group offers investment banking, equity capital and corporate sales, equity research, commercial capital and corporate and asset management solutions. The new agreement, which will be made using a cash and ordinary stock mixture, includes Maxim financial consultants, the bank's registered investment advisory unit. Following the completion of the agreement, Freedom's intermediary and global distribution network will reach the institutional and institutional existence of Maxim Group in Asia, Greece, Israel and Western Europe. Freedom's US CEO Robert Wotczak will be the President of Maxim Group and its subsidiaries, while Maxim Group President Clifford Teller will be upgraded to the CEO. Chris Fiore, one of the founders of the Maxim group, will continue to serve as the president of the company. Timur Turlov, CEO of Freedom, said: uz We are determined to enlarge our global footprint and we know that having an important US presence is an important part of this strategy. “Adding maxim to our group as a reliable partner through this fundamental stone process, turbo will charge our growth while continuing to expand our US operations.” Prime Incores, an corporate trade company purchased by Freedom in 2022, recently received approval to undertake investment banking and equity capital market operations under the name of freedom capital markets. In November last year, Freedom won Greenlight to reorganize its institutional operations in Kazakhstan. Gotopnews.com
Keywords
#400M
#FreedomBuy
#MaximGroup
#Deal
#InvestmentBank