Tullett Prebon shareholders approve Icap broking buy
Finalisation of the deal is contingent on regulatory approval
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
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