The Straits Times
Published on Dec 20, 2012

ICE to buy NYSE Euronext for $10 billion: Statement


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.