Icap looks to buy First Broker Securities
Icap, the world's largest inter-dealer broker, is in discussions to buy First Broker Securities, the New York-based interdealer broker specialising in US-denominated corporate debt and high-yield bonds, according to an Icap spokesman.
The Icap spokesman said he was unable to provide a timeframe for the deal's completion, as the talks are still subject to due diligence.
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