26th Jan 2006 12:08
ICAP PLC26 January 2006 ICAP in preliminary discussions regarding the possible acquisition of EBS London, January 26 2006. Further to press speculation and a subsequent movementin its share price, ICAP plc (IAP.L) confirms that it is in preliminarydiscussions with EBS regarding the possible acquisition of EBS by ICAP. EBS is the world's leading provider of foreign exchange electronic trading anddata solutions to thousands of trading professionals and organisations. Discussions are at an early stage and there can be no certainty that atransaction will take place. A further announcement will be made in due course. Enquiries Mike Sheard, Director of Corporate Affairs (44) 20 7050 7103 About ICAP: ICAP is the world's largest interdealer broker and following the acquisition ofthe BrokerTec fixed income securities businesses is the world's leadingelectronic broker of fixed income securities with a daily average transactionvolume in excess of $1 trillion, 50% of which is electronic. The Group isactive in the wholesale markets for OTC derivatives, fixed income securities,money market products, foreign exchange, energy, credit and equity derivatives.Please go to www.icap.com for more information. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IAP.L