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FXall chief to net $35m in sale

The chairman and chief executive of FX platform, which is set to be acquired by Thomson Reuters, tops the list of earners from the $625m deal

The highest-ranking officer at foreign exchange platform FXall is set to reap more than $30m from the company's sale to information giant Thomson Reuters, according to analysis by Financial News.

Phil Weisberg, FXall's chairman and chief executive, stands to gain around $35.4m in the all-cash deal announced by Thomson Reuters yesterday. The data provider said it had entered into a definitive agreement to buy FXall for $22 a share, which values the company at $625m.

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