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Chicago & Midwest  + Downtown  + Finance  | 

StoneX to Acquire Chicago-Based Brokerage R.J. O’Brien for $900M

R.J. O’Brien & Associates (RJO), a futures brokerage and clearing firm has reached a definitive agreement with StoneX Group Inc. to merge all of RJO’s global businesses into StoneX in a $900 million deal.

StoneX is a Fortune 100 company with operations in six continents and a market capitalization of over $3.5 billion. Privately held R.J. O’Brien is headquartered in Chicago, and the firm has offices and affiliates in North America, Europe, the Middle East and Asia. Broadhaven Capital Partners is serving as the exclusive financial advisor to RJO, and Mayer Brown LLP is its legal advisor.

“Combining R.J. O’Brien’s extensive client network and proven clearing capabilities with StoneX’s deep liquidity, innovative OTC hedging solutions and leading risk management infrastructure, we are well-positioned to continue to deliver exceptional services, broader market access and industry-leading solutions to our combined client base,” said Sean O’Connor, Executive Vice-Chairman of StoneX.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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