CMA raises some concerns over ICAP-Tullett deal
(Reuters) - Britain's competition watchdog said it would refer the proposed merger of ICAP Plc's global hybrid voice broking business with Tullett Prebon Plc for an in-depth phase 2 probe unless the companies were able to address some of its concerns. The Competition and Markets Authority (CMA) said the merger would be referred for an investigation by an independent group of CMA panel members unless the companies provide solutions for its concerns about overlap in voice/hybrid broking of oil pro
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