ICAP, Tullett Prebon shareholders to vote on proposed deal on March 24, 2016 LeapRate

March 01, 2016 BY Maria Nikolova

ICAP, Tullett Prebon shareholders to vote on proposed deal on March 24, 2016

Tullett Prebon Plc (LON:TLPR) has just provided an update regarding the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP). Regulatory approvals Tullett Prebon said there was no further information on discussions with the United States Department of Justice (DOJ), which in February requested additional information and documentary material regarding…

February 26, 2016 BY Maria Nikolova

LSE, Deutsche Boerse provide further information on potential merger

Further to LeapRate's report about London Stock Exchange Group Plc (LON:LSE) and Deutsche Boerse AG (ETR:DB1) discussing a merger, the two companies have today provided more details about the potential deal. A combined group will be formed as a result of the merger. It will be domiciled in London and will have LSEG in London…

February 25, 2016 BY Maria Nikolova

Israeli OCS approves merger of Spondoolies-Tech and Bitcoin firm BTCS

Israel's Office of Chief Scientist (OCS) has approved the proposed merger of blochain technology focused group BTCS Inc (OTCMKTS:BTCS) and Israeli transaction verification server manufacturer Spondoolies-Tech Ltd. The companies receive this regulatory nod of consent about five months after they sealed a definitive merger agreement. The OCS approval is one of two key conditions for…

February 24, 2016 BY Maria Nikolova

OANDA agrees acquisition of FX accounts of IBFX/TradeStation Forex

Talking of the consolidation that has taken hold of the US Forex market is hardly bringing any news. Today saw one more piece of proof in this respect, as provider of online trading services OANDA has just announced an agreement to acquire all of the forex accounts of IBFX, Inc. (TradeStation Forex), in a transaction…

February 23, 2016 BY Maria Nikolova

London Stock Exchange, Deutsche Boerse confirm merger talks

London Stock Exchange Group Plc (LON:LSE) and Deutsche Boerse AG (ETR:DB1) have just confirmed that they are in talks about a potential merger. The share prices of the two companies have seen a spike today following earlier press reports about the dubbed merger discussions. Key points: The official announcement from the companies states that the…

February 23, 2016 BY Maria Nikolova

Ladbrokes says anticipated merger with Coral on track

Gaming and betting provider Ladbrokes PLC (LON:LAD) has earlier today published its report for the full year 2015, with the report including an update regarding the anticipated merger with certain businesses of Gala Coral Group Limited. Ladbrokes said the merger is on track with shareholders' approval secured in November 2015 and the Competition and Markets Authority…

February 09, 2016 BY Maria Nikolova

ICAP's revenues drop 5% in Q3 FY 2016, deal with Tullett Prebon on track

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has just published a trading statement for the third quarter of its fiscal year to March 31, 2016, with revenues for the period down but the proposed deal with Tullett Prebon Plc (LON:TLPR) being on track. In November 2015, ICAP agreed…

February 08, 2016 BY Maria Nikolova

OFX ends acquisition talks with Western Union

Provider of online payment services Ozforex Group Ltd (ASX:OFX), which recently rebranded as OFX, today announces the termination of acquisition talks with The Western Union Company (NYSE:WU). In November last year, Western Union submitted an indicative conditional proposal for all of OzForex's issued share capital. Under the proposal, Western Union would have acquired 100% of the…

February 04, 2016 BY Maria Nikolova

UK CMA not to investigate theory that Playtech might favor merged Ladbrokes/Coral business

The UK Competition & Markets Authority (CMA) today published an Issues Statement as a part of its review of the anticipated merger between Ladbrokes PLC (LON:LAD) and certain businesses of Gala Coral Group Limited. Several paragraphs of the statement are dedicated to Playtech PLC (LON:PTEC), which provides Ladbrokes and Gala Coral, as well as other…

February 02, 2016 BY Maria Nikolova

Paddy Power, Betfair announce merger completion

Following the court approval of the proposed merger of online betting operators Paddy Power plc and Betfair Group plc, the deal was today completed. As a result, there is a new combined entity named Paddy Power Betfair plc, operating from https://www.paddypowerbetfair.com. Trading in the Betfair Shares on the London Stock Exchange's market for listed securities and…

Tag: M&A