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10/18/2005
Refco Files for Chapter 11, J.C. Flowers to Pick Up Futures Arm
Refco Files for Chapter 11, J.C. Flowers to Pick Up Futures Arm
And a group of investors lead by private equity fund, J.C. Flowers & Co., LLC. is apparently picking up some of the pieces. J.C. Flowers is run by former Goldman Sachs partner, Christopher Flowers.
London's Financial times reported late yesterday that J.C. Flowers had emerged as the front-runner to purchase the futures arm of Refco, beating out bids from the Man Group and a consortium from Dubai.
Full details at Reuters.
-- MDT
London's Financial times reported late yesterday that J.C. Flowers had emerged as the front-runner to purchase the futures arm of Refco, beating out bids from the Man Group and a consortium from Dubai.
Full details at Reuters.
-- MDT
Labels: Refco
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