Tullett, ICAP deal wins U.S. approval
(Reuters) - Interdealer broker Tullett Prebon Plc (TLPR.L) said its proposed $1.5 billion (£1.1 billion) acquisition of rival ICAP Plc's (IAP.L) hybrid voice broking business was cleared by the United States.
Tullett, which restructured the deal following concerns from the U.S. Department of Justice, said on Friday it had been granted early termination of the waiting period under the U.S. Hart-Scott-Rodino act.
The company said it remained confident that the deal was on track to close in 2016.
(Reporting by Mamidipudi Soumithri in Bengaluru; Editing by Sriraj Kalluvila)
