If there was ever any doubt that Icap got a bargain when it bought EBS last June, there shouldn’t be now. Icap released its preliminary results for the year ended March 31, 2007 this week. I don’t think I have ever seen a report that trumpeted the impact of an acquisition so much.
It started on the very first page. “Last year’s acquisition of EBS has proved an outstanding success,” it said. That set the tone for what was to follow.
Thanks for your interest in Euromoney!
To unlock this article:
