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Tullett Prebon and Icap confirm talks over huge broking tie-up

Discussion in 'Market News' started by Lily, Nov 6, 2015.

  1. Lily

    Lily Forum Member

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    Icap considering sale of global business in exchange for shares – seeking strength in numbers in tough conditions

    Tullett Prebon and Icap have confirmed they are in talks over a tie-up that would see the brokers seek strength in numbers in difficult conditions.

    Icap, led by the Tory donor Michael Spencer, said it was considering the sale of its global broking business to Tullett in exchange for shares.

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