20-12-2016 12:58 via insuranceinsider.com

BGC likely to get Besso as process comes down to wire

BGC looks likely to emerge as the winner of the sale process for
independent London market broker Besso, The Insurance
Insider can reveal.
Banking sources said that after a series of delays a final
decision is believed to be imminent, with the Besso board set to
take a decision between financial services firm BGC Partners
(formerly part of Cantor Fitzgerald) and a debt-backed management
buyout.
However, it is understood that the proposed BGC deal is the
probable outcome of the...
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