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Stock impact report

Marex Expands in the Middle East with the Acquisition of Aarna Capital

Marex Group plc - Ordinary Shares (MRX) 
Company Research Source: GlobeNewswire
LONDON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Marex Group plc, the diversified global financial services platform, today announces that it has agreed to acquire Aarna Capital Limited (“Aarna Capital”) to expand its operations in the Middle East and grow its clearing business, in line with its strategy to broaden its client base, diversify its operations and increase earnings resilience. Based in Abu Dhabi, Aarna Capital provides clearing, execution and customised risk management solutions in energy, base and ferrous metals, as well as financial markets such as equities, fixed income and FX. The acquisition of Aarna Capital will provide Marex with additional capabilities in a new location and access to around 180 local clients, which includes institutional investors, family offices and corporate clients, through a well-established and respected team. The acquisition will be highly complementary to Marex’s existing operations in the Middle East, which includes ap Show less Read more
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