GXS Bank acquires Validus Group’s Singapore business
GXS Bank announced Monday that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd (Validus Group). The firm said in a statement that with the acquisition, small- and medium-sized enterprises (SMEs) can lean on GXS Bank to support their diverse business and financing needs across their growth stages. It is...
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