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Cowen to acquire Quarton International financial advisory firm for USD 75m

Nov 28, 2018 - Banking and Credit News

Financial services firm Cowen Inc. has announced it has agreed to acquire Quarton International AG and affiliated Quarton entities, a Swiss financial advisory firm, the company said.

Under the definitive agreement, Cowen will acquire 100% of Quarton International's equity interests for upfront consideration of USD 75m, with additional contingent consideration of USD 40m that would become payable dependent on the achievement of certain performance milestones All consideration, including pu...