Investment Brokerages M&A » By The Online Investor Staff, updated Fri., Apr. 26, 3:38 AM
Recent mergers and acquisitions in the Investment Brokerages M&A category.
Slide #85. Cowen Group, Inc. — Dahlman Rose & Company, LLC
Acquirer: |
Cowen Group, Inc. (COWN) |
Acquiree: |
Dahlman Rose & Company, LLC |
Details: |
Cowen Group, Inc. and Dahlman Rose & Company, LLC announced the signing of a definitive agreement under which Cowen will acquire Dahlman Rose, a privately-held investment bank specializing in the energy, metals and mining, transportation, chemicals and agriculture sectors. This acquisition is an all-stock transaction and financial terms of the deal were not disclosed. The definitive agreement was approved by the board of directors of both companies. |
Cowen is a holding company. Through its subsidiaries, Co. is a financial services firm. Co. provides investment banking, research, sales and trading, prime brokerage, global clearing, securities financing, commission management services and investment management through its two business segments: the Operating Company, which consists of the Cowen Investment Management division, the Investment Banking division, the Markets division (which includes sales and trading, prime brokerage, global clearing, and commission management services) and the Research division; and the Asset Company, which consists of its private investments, private real estate investments and other investment strategies.
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April 26, 2024 3:38 AM Eastern
Sell (1.33 out of 4)
100th percentile
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