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INTL FCStone to acquire Luxembourg-based interdealer broker

INTL FCStone Inc. agreed to acquire Carl Kliem SA, a Luxembourg-based independent interdealer broker.

Carl Kliem provides foreign exchange, interest rate and fixed income products to more than 400 active institutional clients across the European Union.

The transaction is subject to approval of the Commission de Surveillance du Secteur Financier.

INTL FCStone said the acquisition price is not material to the company.