ICAP looking to sell oil broking business to satisfy competition regulator in Tullett Prebon deal LeapRate

June 21, 2016 BY LeapRate Staff

ICAP looking to sell oil broking business to satisfy competition regulator in Tullett Prebon deal

Interdealer broker ICAP plc (LON:IAP) issued a statement today relating to its plans to sell its plans to sell its hybrid voice broking and information business to Tullett Prebon. we had recently reported that the proposed deal was in jeopardy after the the UK's competition watchdog, the Competition and Markets Authority (CMA), had decided to upgrade its review of…

June 07, 2016 BY LeapRate Staff

ICAP-Tullett Prebon deal review upgraded to Phase 2 by UK competition watchdog

The plan for interdealer broker ICAP to sell its hybrid voice broking and information business to Tullett Prebon might be in trouble, or at best further delayed. ICAP announced Tuesday the the UK's competition watchdog, the Competition and Markets Authority (CMA), which had begun looking at the transaction in early April still had not made up…

April 08, 2016 BY Maria Nikolova

UK competition watchdog opens inquiry into Tullett Prebon – ICAP deal

The UK Competition and Markets Authority (CMA) today announces the opening of an inquiry into the planned deal between ICAP plc (LON:IAP) and Tullett Prebon Plc (LON:TLPR). The watchdog is examining the proposed acquisition of ICAP's global wholesale broking and information business (IGBB) by Tullett and the planned acquisition of a 19.9% stake in Tullett by…

Tag: Tullett Prebon ICAP deal