New name and chief executive for Tullet
Parent company Collins Stewart Tullett completed the takeover of Prebon in October 2004, in a transaction that gave the broker an enterprise value of £125.3 million, including debt and obligations. Collins Stewart Tullett paid £69.5 million in cash and shares for the company.
Geoff Chapman, chief information officer of inter-dealer brokerage at Collins Stewart Tullett, said: “With the development
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