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Pin to quick picksTP ICAP Regulatory News (TCAP)

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Bid:
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Spread: 0.40 (0.115%)
Market Cap: £2.53b
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Statement re transaction with ICAP

15 Nov 2016 12:09

RNS Number : 2341P
Tullett Prebon PLC
15 November 2016
 

For immediate release

 

15 November 2016

 

Update on the acquisition of

ICAP's global hybrid voice broking and information business

 

The Board of directors of Tullett Prebon plc ("Tullett Prebon") announces that it has today received approval from the Financial Conduct Authority for the acquisition by Tullett Prebon of the global hybrid voice broking and information business of ICAP plc (the "Transaction"). As notified previously, Tullett Prebon believes that, while it remains subject to regulatory approvals in a number of other jurisdictions, the Transaction is on course to complete in 2016.

 

Ends

 

Enquiries:

Tullett Prebon

Alexandra Wick, Marketing & Communications Director

awick@tullettprebon.com

+44 (0) 20 7200 7579

 

Brunswick

Kim Fletcher, Eilis Murphy, Craig Breheny

tullettprebon@brunswickgroup.com

+44 (0) 20 7404 5959

This information is provided by RNS
The company news service from the London Stock Exchange
 
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