BRIEF-ICAP sells 12 pct stake in Traiana

LONDON Mon Jan 14, 2013 3:37am EST

Related Topics

LONDON Jan 14 (Reuters) - ICAP PLC : * Traiana secures strategic investment from seven leading global banks * Sold a 12% stake in traiana to seven of traiana's leading customers, giving

the business a valuation of $300 million. * Investors have option to by additional 20% equity in traiana for a price of

up to $82.5 million.

FILED UNDER: