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Admirals Group to Withdraw Estonian License amidst Global Consolidation

Admirals Group to Withdraw Estonian License amidst Global Consolidation
Admirals Group AS, the parent company of FX/CFDs brokerage Admirals, plans to merge with Admirals Markets AS, its Estonian subsidiary, during the first half of next year. To actualize the plan, the firm intends to withdraw the subsidiary’s investment company license during the second half of this year, possibly by August.Admirals Seeks Global ConsolidationThe Estonia-based company disclosed the plan on Thursday, noting that “the restructuring stems from the fundamental necessity and choice to ex... Read More
Posted: May 18 2023, 16:15
Author Name: financemagnates
Views: 102724

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