StoneX Financial Acquires WCS International

MT Newswires Live03-31

StoneX (SNEX) said Tuesday its wholly owned subsidiary StoneX Financial acquired WCS International, a UK-based wholesale banknotes trading and distribution business.

The acquisition adds banknotes trading services to its existing cross-border payments business, the company said.

Shares of StoneX were 1.5% higher in Tuesday trading.

Price: 79.10, Change: +1.15, Percent Change: +1.48

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