Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

IntercontinentalExchange Group to spin off Euronext in IPO seen valued at over $2 bln-Reuters

Tuesday, 27 May 2014 04:36am EDT 

IntercontinentalExchange Group Inc (ICE):To list Euronext in Paris, Amsterdam, Brussels at first-Reuters.According to two sources familiar with matter Euronext could achieve valuation of at least 1.5 billion euros ($2.1 billion).Listing expected in June.ICE will sell all or part of existing shares in Euronext.It will also list shares in Lisbon after the initial public offering (IPO), but before the fourth quarter of 2014.ICE has lined up anchor investors to take 33 pct stake.Anchor investors' shares will be bought at limited discount to price of IPO.Investor group comprises Banco Espirito Santo, BNP Paribas, BNP ParibasFortis, Societe Generale , Caisse des Depots, ABN Amro, Belgian government investment vehicle SFPI, Bpifrance, Euroclear, ASR Nederland and BPI Vida e Pensoes.Remainder of shares will be offered to both institutional and retail investors in Netherlands, France, Belgium and Portugal, and institutional investors elsewhere through private placement. 

Company Quote

-1.7 -0.76%
24 Dec 2014