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ICE to buy NYSE Euronext for $10 billion: Statement

 
Published on Dec 20, 2012
9:46 PM
The facade of the New York Stock Exchange (NYSE) is framed by the NYSE holiday tree on Thursday, Dec 20, 2012. The US stock market operator InterContinental Exchange (ICE) will buy transatlantic peer NYSE Euronext for US$8.2 billion (S$10 billion) to create the world's biggest market operator, the two companies said on Thursday in a statement. -- PHOTO: AP

PARIS (AFP) - The US stock market operator InterContinental Exchange (ICE) will buy transatlantic peer NYSE Euronext for US$8.2 billion (S$10 billion) to create the world's biggest market operator, the two companies said on Thursday in a statement.

The deal, which is expected to be finalised in the second half of next year, was approved by the boards of both market operators, the statement said.

 
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