Tullett-Prebon, GFI Group and Tradition, three of the world’s largest interdealer brokers, have approached a consortium considering an offer for LCH.Clearnet, Europe’s largest independent clearing house, about joining the bid. The move signals growing support within the key interdealer broking industry for the consortium’s plan to take over LCH.Clearnet. Icap, the biggest interdealer broker, is already part of the consortium.

This entry was posted by Gwen Robinson on Friday, February 13th, 2009 at 4:57 and is filed under Capital markets, M&A. Tagged with gfi, LCHClearnet, tradition, Tullett-Prebon. Edit this entry.