DGIC Announces LOI for Pinnacle Capital, Panama

Date : 06/17/2018 @ 1:30PM
Source : PR Newswire (US)

DGIC Announces LOI for Pinnacle Capital, Panama

STOCKHOLM, June 17, 2018 /PRNewswire-PRWeb/ -- Dominion Global Investment Capital Trust Sweden is proud to announce a letter of intent to acquire Pinnacle Capital S.A. Panama, the holding company of, Pinnacle Investments Holdings SA, Pinnacle Strategies Group LLP, and Pinnacle Strategies Venture Capital, the terms of the deal are cash and stock.

Johan Bonnesen Dominion Global Investment Capital Trust Sweden is a regulated Financial Service Provider Bank (969782-4572), the addition of Pinnacle is a win-win situation for both institutions, it will enable Pinnacle to tap into not our capital base which is well over 500 million Euro. Our vast European client base, and custodial servicing, the Pinnacle Division bring immense hedge fund and trading implementations strategies between the Sarin Group, Rosen Group, and Lemaire Group, we will have every aspect of the global markets covered from trading, venture capital, and credit facilities. We will continue to deploy our vision of long term growth, with exceptional access to the global markets, we look forward to having the hedge fund group and institutional sales force under one umbrella in Stockholm, effective June 30 .

Antonio Preciado -As chairman of Pinnacle Holdings this is an exciting time, we truly recognize the value for not only our investors but our hedge fund management team, our institutional salesforce, our spread betting lines, it is a big win-win and we are excited about creating value for DGIC Trust/Bank.

 

SOURCE Dominion Global Investment Capital

Copyright 2018 PR Newswire

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