Tullett Prebon shareholders approve Icap broking buy

Finalisation of the deal is contingent on regulatory approval

yellowmicrophone
Power of speech: voice brokers remain vital for the effective operation of OTC markets

An overwhelming majority of Tullett Prebon shareholders approved its proposed acquisition of Icap's global hybrid voice-broking and information business (IGBB), including the iSwap and Fusion platforms, at the firm's annual general meeting on March 24.

Shareholders approved the link-up announced in November with a 94% endorsement. They also supported the issuance of 325 million new Tullett Prebon shares, which will be added to the 243 million currently outstanding.

The strategic review

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: