BGC Partners completes Besso acquisition

US interdealer and real estate broker BGC Partners has announced
the completion of its purchase of independent London market
intermediary Besso.
In December The Insurance Insider
revealed BGC was likely to win the race for Besso. In January, the
company said it had agreed to acquire 100 percent of the broker in
a deal valued at as much as £70.5mn ($87.6mn) in cash and
stock.
BP Marsh announced the disposal of its 37.94 percent stake in
the company on 4...