{{short description|Defunct British money brokering company}} {{Use dmy dates|date=April 2022}} {{Infobox company | name = Exco International | logo = Excointer.png | logo_size = 100px | type = [[Public company|Public]] | caption = | fate = Acquired | successor = [[ICAP (company)|ICAP]] | founded = 1965 | defunct = 1998 | hq_location = [[London]], [[United Kingdom|UK]] | industry = Money brokering | key_people = Richard Lacy ([[Chairman]]) | products = | num_employees = | parent = | subsidiaries = }} '''Exco International''' was a leading [[United Kingdom|British]] money brokering company. It was listed on the [[London Stock Exchange]] and was once a constituent of the [[FTSE 100 Index]] but was acquired by [[British & Commonwealth Holdings]] in 1986.
==History== The Company was established as a money brokering business in 1965 under the name of ''Astley & Pearce''.<ref>{{Cite web |url=http://www.ukdata.com/company-credit-reports/ASTLEY-_and-PEARCE-LIMITED.html |title=Astley & Pearce Ltd: Company credit report |access-date=2009-02-07 |archive-url=https://web.archive.org/web/20100905015145/http://www.ukdata.com/company-credit-reports/ASTLEY-_and-PEARCE-LIMITED.html |archive-date=2010-09-05 |url-status=dead }}</ref> It subsequently merged with ''Godsell & Co'', another money brokering business.<ref name=kal>{{Cite web |url=http://www.kalahari.co.uk/pages/kal2board/page-7.html |title=Kalahari: Directors |access-date=2009-02-07 |archive-url=https://web.archive.org/web/20100907063950/http://www.kalahari.co.uk/pages/kal2board/page-7.html |archive-date=2010-09-07 |url-status=dead }}</ref>
In 1978 it was the subject of a [[management buyout]] from ''Gerrard & National'' who previously owned it.<ref name=history>[https://query.nytimes.com/gst/fullpage.html?res=9B0DE6DE103BF93BA35752C0A961948260&partner=rssnyt&emc=rss Chairman is appointed at Exco International] New York Times, 8 January 1987</ref> It was first listed on the [[London Stock Exchange]] in 1981.<ref name=kal/>
The Company was acquired by [[British & Commonwealth Holdings]] in 1986.<ref name=history/>
When British & Commonwealth Holdings collapsed the business was sold off as ''Exco plc''. In 1998 it acquired [[ICAP (company)|Intercapital plc]] in a [[reverse takeover]].<ref>[http://www.numiscorp.com/uploads/field2_29-04-2003_14_32_43_3534_Board%20Changes,%20Equity%20Issue,%20LTIP.pdf Numis Corporation Board Changes]</ref> It has now been integrated into the [[ICAP (company)|ICAP Group]].
==References== {{reflist}}
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[[Category:Financial services companies based in London]] [[Category:Financial services companies established in 1965]] [[Category:Financial services companies disestablished in 1998]] [[Category:1965 establishments in England]] [[Category:1998 disestablishments in England]] [[Category:Companies formerly listed on the London Stock Exchange]] [[Category:1986 mergers and acquisitions]] [[Category:1998 mergers and acquisitions]]