BRIEF-Emergent Capital announces supplement no. 1 to exchange offer
* Emergent Capital announces supplement no. 1 to exchange offer Source text for Eikon: Further company coverage:
March 15 Virtu Financial Inc has made a bid to buy rival trading firm KCG Holdings Inc that could help Virtu bolster its businesses that have been struggling with reduced market volatility, the Wall Street Journal reported.
According to the Journal, New York-based Virtu has proposed a price of more than $18 per share. (on.wsj.com/2noyMHl)
KCG was evaluating the offer with the help of advisers, the WSJ reported, citing people familiar with the matter. (Reporting by Nikhil Subba in Bengaluru; Editing by Maju Samuel)
RIO DE JANEIRO/BRASILIA, May 26 Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders.