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Advising on Proposed Combination of ICAP’s Global Broking Business with Tullett Prebon (Simmons & Simmons) ...

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(Source: Simmons & Simmons) 11 Nov 2015 International law firm Simmons & Simmons is advising Evercore Partners International LLP and J.P.Morgan Cazenove, as joint financial advisers and joint sponsors to ICAP plc and ICAP Newco, in connection with the proposed disposal of ICAP's global hybrid voice broking and information business, including ICAP's associated technology and broking platforms (including iSwap and Fusion) and certain of ICAP's joint ventures and associates (together 'IGBB'), to Tullet Prebon plc. Tullet Prebon intends to acquire all of IGBB in return for the issue of new shares in Tullet Prebon to ICAP Newco, a new holding company of the ICAP group, and to ICAP shareholders,...

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