Acceptance of Undertakings in Lieu of Reference
The CMA has today accepted undertakings in lieu of reference to Phase 2 given by Tullett Prebon plc and ICAP plc under section 73 of the Enterprise Act 2002. The merger between Tullett Prebon plc and ICAP plc's voice and hybrid broking and information businesses will therefore not be referred to Phase 2 and the undertakings which have been signed by Tullett Prebon plc and ICAP plc will come into effect from this date.
The text of this decision will be placed on the Competition and Market Authority's web site at https://www.gov.uk/cma-cases as soon as is reasonably practical.
This information is provided by RNS