Aug 21 NYSE Euronext has tapped JPMorgan
Chase & Co and Societe Generale to help
arrange a potential $1 billion IPO for its European equity
operations, Bloomberg news agency reported.
A stake in the Euronext unit, which controls markets in
Paris, Lisbon, Brussels and Amsterdam, may be sold next year,
Bloomberg said citing sources. ()
The sale could raise about 750 million euros ($1
billion)though the final size of the deal hasn't been determined
yet, two sources familiar with the matter told Bloomberg.
The U.S. Securities and Exchange Commission has approved the
takeover of NYSE Euronext by IntercontinentalExchange,
according to a regulatory filing made available on the
regulator's website last week.
The deal, which will give ICE control of Liffe, Europe's
second-largest derivatives market, is expected to close in early
September. It still needs approval from national regulators in
Representatives for NYSE Euronext, JPMorgan and Societe
Generale were not immediately available for comment outside of
regular business hours.