TP ICAP announces rights issue to fund Liquidnet acquisition
TP ICAP announces a rights issue, which is set to raise proceeds of approximately £315 million, to be used to fund the Liquidnet acquisition.
LON:TCAP
TP ICAP unveils changes to committee membership
Michael Heaney will assume the role of Senior Independent Director of TP ICAP upon relinquishing his role as interim Chair of the Risk Committee.
TP ICAP’s Director Angela Crawford-Ingle buys shares in company
Angela Crawford-Ingle has bought 9,716 shares in TP ICAP at a price of £2.047 per share.
TP ICAP marks drop in Global Broking revenues in Q3 2020
TP ICAP saw total Global Broking revenues amount to £260 million in Q3 2020, down 19% from a year earlier.
Richard Berliand buys 25,000 shares in TP ICAP
TP ICAP’s Chairman bought 25,000 shares in the company at a price of £2.2932 per share.
TP ICAP confirms agreement on definitive terms for Liquidnet acquisition
The total consideration for the entire issued share capital of Liquidnet Holdings is between US$575 million and US$700 million.
TP ICAP negotiating to buy Liquidnet for $600-700 million
In the 12 months to 30 June 2020, Liquidnet generated US$64 million of adjusted EBITDA on US$339 million of revenue.
