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INTL FCStone closes IFCM Commodities deal

New York-based INTL FCStone Inc. closed its acquisition of Germany-based IFCM Commodities GmbH on Jan. 2.

The deal is part of INTL FCStone's plan to expand in Germany and continental Europe.

Headquartered in Hamburg, Germany, IFCM Commodities is a provider of commodity price risk management solutions for base metals serving clients across Germany and continental Europe.