• Most Popular
  • Most Shared

MF Global considers financing options -WSJ

Thu Apr 3, 2008 4:15pm EDT

Stocks

   

NEW YORK, April 3 (Reuters) - MF Global Ltd (MF.N), the futures and options broker whose shares surged today, is considering financing options including a sale of a minority stake, the Wall Street Journal reported on its Web site on Thursday.

Stocks  |  Mergers & Acquisitions  |  Global Markets  |  Funds News  |  ETFs News

The brokerage has hired Lazard Ltd. (LAZ.N) to help it examine options, the Journal said. It is not considering an outright sale of the company, it added.

MF Global declined to comment on market speculation today about possibly being in takeover talks. It's shares were up $1.45, or 14.4 percent, to $11.47 in late afternoon trading at the New York Stock Exchange.

(Reporting by Dane Hamilton and Jonathan Stempel)

(Reuters messaging: dane.hamilton.reuters.com@reuters.com. 646 223 6161)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article