Oil Concerns Cause CMA to Refer ICAP Deal with Tullett Prebon to Phase 2
Posted: Mon Jun 06, 2016 7:01 am
According to two respective regulatory filings just made in parallel with the London Stock Exchange (LSE) by ICAP and Tullett Prebon PLC, regarding their proposed transaction related to ICAP’s global hybrid voice broking and information business that Tullett Prebon will acquire, the status of the transaction has been referred for a phase 2 investigation by the Competition and Markets Authority (CMA) in the United Kingdom.
Finance Magnates has reported on many stages of this transaction which aims to become a significant addition to Tullett Prebon’s operations as it intends to acquire the hybrid voice broker and ... (read more)