Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, January 25, 2013

NYSE CEO says does not expect regulatory objections to ICE deal, (NYSE: ICE), (NYSE: NYX)

NYSE Euronext does not anticipate any major objections from regulators in the United States and Europe to its proposed $8.2 billion takeover by IntercontinentalExchange Inc, NYSE Chief Executive Duncan Niederauer said on Friday. NYSE expects the deal to close by the end of the third quarter and plans to spin off Euronext, the operator of the Paris, Amsterdam, Brussels and Lisbon stock exchanges, through an initial public offering in 2014, Niederauer told CNBC in an interview from Davos.

IntercontinentalExchange, Inc. (ICE) is an operator of global futures exchanges, over-the-counter (OTC), markets, derivatives clearing houses and post-trade services. Shares of ICE fell by 0.19% or $-0.25/share to $134.03. In the past year, the shares have traded as low as $114.20 and as high as $142.75. On average, 1011570 shares of ICE exchange hands on a given day and today's volume is recorded at 334969.

NYSE Euronext is a global operator of financial markets and provider of trading solutions. Shares of NYX remained unchanged at $33.45. In the past year, the shares have traded as low as $22.25 and as high as $33.67. On average, 5096260 shares of NYX exchange hands on a given day and today's volume is recorded at 361585.



Source