Tullett Prebon confirms takeover talks

Interdealer broker Tullett Prebon is again in merger talks, 18 months after the collapse of the last push for a merger with GFI. The company confirmed today it was "in preliminary discussions with a third party" – citing press speculation that named GFI, along with Bank of China and Macquarie, as the likely partners.

Talks with GFI broke down in September 2008 over the parties' failure "to reach acceptable economic terms", the two companies said at the time. Tullett Prebon reported generally fla