Private equity firm CVC Capital is close to a deal to purchase ConvergEx, a software provider for brokerage and investment technology firms, for $1.9 billion, Bloomberg reported on Monday. ConvergEx in May filed with the U.S. Regulators to raise up to $400 million in an initial public offering. J.P. Morgan (JPM.N), Citi (C.N), Barclays Capital (BARC.L), Goldman Sachs (GS.N) were to underwrite the offering. Bank of New York (BK.N) part owns ConvergEx, the report said.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM traded higher by 41.08% or $1.7155/share to $505544928.00. In the past year, the shares have traded as low as $4.50 and as high as $35.16. On average, 1111584932 shares of JPM exchange hands on a given day and today's volume is recorded at 29855300.
Citigroup Inc. (Citigroup) is a global diversified financial services holding company. Shares of C traded higher by 37.75% or $2.5672/share to $505545248.00. In the past year, the shares have traded as low as $3.06 and as high as $36.20. On average, 1112408064 shares of C exchange hands on a given day and today's volume is recorded at 40601700.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding and a financial holding company. Shares of GS traded higher by 134.39% or $2.1354/share to $505544864.00. In the past year, the shares have traded as low as $9.13 and as high as $129.50. On average, 1127175946 shares of GS exchange hands on a given day and today's volume is recorded at 5715260.
The Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company. Shares of BK traded higher by 26.71% or $1.9069/share to $505546048.00. In the past year, the shares have traded as low as $2.10 and as high as $23.78. On average, 1107427328 shares of BK exchange hands on a given day and today's volume is recorded at 6797500.
Source
