Deal snapshot: TULLETT PREBON, ICAP ISSUE CIRCULAR, PROSPECTUS AHEAD OF 24 MARCH SHAREHOLDER VOTES ON ACQUISITION.
UK-based inter-dealer money broker Tullett Prebon plc combined class 1 circular and prospectus relating to its proposed acquisition of the global hybrid voice broking and information business of UK-based dealer broker ICAP plc, the company said. The deal is worth around USD 2.3bn.
The deal, which was announced last November, includes the global hybrid voice broking and information business of ICAP plc including ICAP's associated technology and broking platforms (including iSwap and Fusion) and certain of ICAP's joint ventures and associates, Tullett Prebon announces the combined class 1 circular and prospectus relating to the transaction.
Sector: Banking/Financial Services
Target: Companies issue circulars ahead of shareholder votes
Buyer: Tullett Prebon plc
Deal size in USD: 2.3bn
Type: Corporate Acquisition
Buyer advisor: , ,
|Printer friendly Cite/link Email Feedback|
|Publication:||M & A Navigator|
|Date:||Mar 7, 2016|
|Previous Article:||Deal snapshot: UK AUTO DEALER GROUP VERTU MOTORS ACQUIRES SIGMA HOLDINGS, GREENOAKS FOR GBP 21.9M.|
|Next Article:||Deal snapshot: UK WATER COMPANY SEVERN TRENT INKS JV DEAL WITH UNITED UTILITIES.|