Jefferies to sell most of Bache futures business to Societe Generale

April 9, 2015 2:50 PM

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April 9 (Reuters) - Investment bank Jefferies Group LLC , owned by Leucadia National Corp, said it will sell most of Bache unit's futures business to Societe Generale .

Jefferies said in December it was in talks to sell the unit, which has been struggling with high costs and falling fees.

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