Advertisement
UK markets close in 4 hours 46 minutes

  • FTSE 100

    8,111.53
    +32.67 (+0.40%)
     

  • FTSE 250

    19,820.74
    +218.76 (+1.12%)
     

  • AIM

    755.56
    +2.44 (+0.32%)
     

  • GBP/EUR

    1.1660
    +0.0004 (+0.03%)
     

  • GBP/USD

    1.2510
    -0.0000 (-0.00%)
     

  • Bitcoin GBP

    51,376.40
    +617.29 (+1.22%)
     

  • CMC Crypto 200

    1,388.91
    -7.62 (-0.55%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    83.87
    +0.30 (+0.36%)
     

  • GOLD FUTURES

    2,357.70
    +15.20 (+0.65%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,055.08
    +137.80 (+0.77%)
     

  • CAC 40

    8,039.33
    +22.68 (+0.28%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

U.S. Justice Dept says Tullett, ICAP restructure transaction

Reuters - UK Focus

WASHINGTON, July 14 (Reuters) - The restructuring of the $1.5 billion transaction between Tullett Prebon Group Ltd and ICAP Plc (LSE: IAP.L - news) addresses the U.S (Other OTC: UBGXF - news) . Justice Department's concerns that the transaction would create an interlocking directorate, the department said on Thursday.

"The revised agreement will provide that ICAP will not own any part of Tullett Prebon (LSE: TLPR.L - news) after the transaction and will have no right to nominate a member of Tullett Prebon's board of directors," the Justice Department said in a statement. (Reporting by Tim Ahmann; Writing by Mohammad Zargham; Editing by Chizu Nomiyama)