ICAP and Tullett Prebon Shareholders Approve Voice Broking Deal

[kreslik.news]

The shareholders of both ICAP plc and Tullett Prebon plc have overwhelmingly approved the reverse takeover deal between the companies. The ICAP voice broking unit transaction was presented to shareholders of both firms on the 1st of March after an official announcement was made by the companies in November last year.

The ownership of both firms has been siding with the management overwhelmingly with more than 94 per cent of Tullett Prebon’s shareholders voting for the deal, while over 95 per cent of the voters at ICAP approved of the transaction.

As part of the deal, ... (read more)