We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intercontinental Exchange Inc | NYSE:ICE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.48 | 2.59% | 137.87 | 138.12 | 134.61 | 134.89 | 2,539,302 | 00:48:43 |
By Colin Kellaher
Intercontinental Exchange Inc. on Monday said it agreed to sell its 9.85% stake in Euroclear Holding SA/NV to private-equity firm Silver Lake for 709 million euros ($822 million).
Brussels-based Euroclear provides post-trade security settlement, custody, collateral management, fund management and data services.
Intercontinental Exchange, the Atlanta-based owner of the New York Stock Exchange, acquired a 4.7% stake in Euroclear in late 2017 from Royal Bank of Scotland for EUR275 million and raised its stake to nearly 10% in early 2018.
Technology investment firm Silver Lake said it plans to request a seat on the board of Euroclear, which is majority-owned by a consortium of its users, mainly banks.
Intercontinental Exchange said it expects to complete the transaction as soon as the first half of 2022.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 18, 2021 07:56 ET (11:56 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Intercontinental Exchange Chart |
1 Month Intercontinental Exchange Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions