LONDON—Bob Diamond, the American banker who left Barclays PLC five years ago, is back in town to buy ailing stock broker Panmure Gordon & Co. PLC. Panmure on Friday said it had accepted a £15.5 million ($19.2 million) cash offer from Ellsworthy Ltd., an investment vehicle of Mr. Diamond’s Atlas Merchant Capital, and Qatar investment bank QInvest LLC. The pair will pay 100 pence a share for Panmure. QInvest is already Panmure’s...

Source: Wall Street Journal March 17, 2017 07:37 UTC