Former EmxCo chairman Paul Loach has made a bid of an undisclosed amount for the Autif sponsored com...
Former EmxCo chairman Paul Loach has made a bid of an undisclosed amount for the Autif sponsored common trading platform which is set for launch this June. Loach has set up Investment Fund Utilities Limited, backed with capital from Garban Intercapital, with which to buy Emx and operate it as a private venture. Garban Intercapital is a global wholesale broking business covering the money, derivatives and securities markets and has net assets worth more than £162m. He is proposing to make an immediate injection of capital of £3.5m into the project, £1m more than the sum Autif is trying to ...
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