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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tp Icap Group Plc | LSE:TCAP | London | Ordinary Share | JE00BMDZN391 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 216.50 | 216.50 | 218.00 | 219.50 | 215.00 | 215.00 | 694,177 | 16:35:06 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Ins Agents,brokers & Service | 2.18B | 74M | 0.0950 | 22.84 | 1.69B |
From May 2019 to May 2024
TIDMTLPR
RNS Number : 3335J
Tullett Prebon PLC
08 September 2016
FOR IMMEDIATE RELEASE
8 September 2016
Tullett Prebon plc
Update on the proposed acquisition of
ICAP's global hybrid voice broking and information business
Tullett Prebon plc ("Tullett Prebon") is pleased that the Competition and Markets Authority (the "CMA") has today announced that it has accepted the undertakings proposed by ICAP plc ("ICAP") and Tullett Prebon to divest ICAP's London-based EMEA oil desks to INTL FCStone Limited. As a result, the CMA will not refer Tullett Prebon's proposed acquisition of the global hybrid voice broking and information business of ICAP (the "Transaction") to an in-depth Phase 2 merger investigation and therefore the Transaction has been cleared by the CMA.
Completion of the Transaction remains subject to approval by various regulatory bodies including the FCA and satisfaction of other closing conditions.
Tullett Prebon remains confident that the Transaction is on track to close in 2016.
Enquiries
Alexandra Wick Marketing & Communications, Tullett Prebon plc Direct: +44(0)20 7200 7579 Email: awick@tullettprebon.com Kim Fletcher/Craig Breheny Brunswick Group LLP Switchboard: +44 (0) 207 404 5959 Email: tullettprebon@brunswickgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRAKFDKDBKDBCK
(END) Dow Jones Newswires
September 08, 2016 07:15 ET (11:15 GMT)
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