Hat tip to Russell Lynch over The Evening Standard who just delivered a brilliant scoop about ICAP and Tullett Prebon holding merger talks of their broking businesses. Here are links to Russell's story and also the confirmation:
http://www.standard.co.uk/business/business-news/icap-swoops-on-tullett-prebon-in-huge-broking-merger-a3108311.html
http://www.investegate.co.uk/tullett-prebon-plc--tlpr-/rns/statement-re--press-comment/201511061022388323E/
Elsewhere, Bloomberg has got the market all aflutter after breaking a tale that seems to be suggesting InterContinental Hotels Group is looking to sell itself, merge or acquire a rival.
And finally, AstraZeneca this morning announced a takeover of US-based ZS Pharma for $2.7 billion, demonstrating the biotech/pharma dealmaking frenzy is hotting up again.
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