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Updated Friday, March 12, 2010 11:05 am TWN, Reuters

Tullett Prebon confirms in offer talks, shares soar

LONDON -- British interdealer broker Tullett Prebon confirmed it was in preliminary talks that might lead to an offer, boosting its shares by over 24 percent to value the company at nearly 830 million pounds (US$1.2 billion). The Daily Mail newspaper on Wednesday reported market rumours that Macquarie Group, Australia's top investment bank, and Bank of China, the country's largest foreign exchange lender were interested in Tullet.

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