Key Developments: Intercontinental Exchange Inc (ICE.N)

ICE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Intercontinental Exchange Inc completes sale of Wombat Financial Software to SR Labs
Wednesday, 23 Jul 2014 04:17pm EDT 

Intercontinental Exchange Inc:Completes previously announced transaction with SR Labs for sale of Wombat Financial Software, a unit of NYSE Technologies.Transaction closed on July 23 and terms were not disclosed.  Full Article

Intercontinental Exchange and GasTerra renew contract for gas storage service
Friday, 27 Jun 2014 04:30am EDT 

Intercontinental Exchange Inc:ICE Endex has agreed with GasTerra, the international natural gas Dutch trading firm, to continue facilitation of gas storage auction services in the Netherlands.ICE Endex has successfully operated auctions for virtual gas storage services since 2011, and hosts auctions twice year in November and February.Natural gas from the virtual gas storage service is delivered at the Title Transfer Facility.  Full Article

Intercontinental Exchange Inc announces closing of Euronext initial public offering
Tuesday, 24 Jun 2014 02:31pm EDT 

Intercontinental Exchange Inc:Closes initial public offering (IPO) of ordinary shares of Euronext N.V pan-European exchange group.ICE, through wholly-owned subsidiary, sold 42,248,881 ordinary shares of Euronext in IPO at 20 euro per share.Says 23,352,000 ordinary shares of Euronext to group of European institutional investors that will replace ICE as reference shareholders at 19.20 euro per share and 188,296 ordinary shares of Euronext to eligible Euronext employees at 16 euro per share.ICE has granted underwriters an over-allotment option of up to 4,210,823 ordinary shares of Euronext, which can be exercised for 30 days after the first trade date.ICE may continue to hold up to 4,210,823 of 70,000,000 total issued and outstanding ordinary shares of Euronext if over-allotment option is not exercised in full.Any shares that are continued to be held by ICE will be subject to a 180-day lockup period.If the over-allotment is exercised in full, the IPO and reference shareholder transaction will represent 100 pct of the total issued ordinary share capital of Euronext.Upon the settlement of the IPO transaction, ICE will receive about 1.4 bln euro in cash proceeds, including net cash from Euronext as part of separation of business, and excluding the over-allotment option of 4.2 mln shares.Says net of the share price discounts offered to employees and reference shareholder group, as well as ICE`s estimated transaction fees.  Full Article

Intercontinental Exchange Inc agrees to sell NYFIX and Metabit to ULLINK
Monday, 23 Jun 2014 09:00am EDT 

Intercontinental Exchange Inc:Signs definitive agreement with ULLINK, provider of electronic trading and connectivity solutions to financial community, for combined sale of NYFIX and Metabit, both units of NYSE Technologies.Transaction, which is subject to regulatory approval, is expected to close in the third quarter of 2014.Terms of the transaction were not disclosed.Agreement completes Intercontinental Exchange's previously announced intention to divest certain non-exchange related assets of NYSE Technologies.  Full Article

Intercontinental Exchange Inc announces Euronext IPO priced at 20 euros per Share
Thursday, 19 Jun 2014 02:01pm EDT 

Intercontinental Exchange Inc:Says pricing of the initial public offering (IPO) of ordinary shares (Shares) of Euronext N.V., pan-European exchange group.Euronext's ordinary shares will be listed and admitted to trading under symbol ENX on Euronext Paris, Euronext Amsterdam and Euronext Brussels as of June 20, 2014 (on an as-if-and-when-delivered basis).Euronext also intends to list on Euronext Lisbon after the IPO.Says IPO price set at 20 euros per Share.All of 42,248,881 offered Shares were sold in the IPO, representing 60.36 pct of the total issued ordinary share capital of the Company.40,852,883 Shares have been allocated to the institutional offering (817 mln euros or 96.7 pct of the offered Shares) and 1,395,998 Shares have been allocated to the retail offering (27.9 mln euros or 3.3 pct of offered Shares).ICE has granted joint global coordinators an over-allotment option of up to 4,210,823 additional Shares, which can be exercised to cover short positions resulting from any over-allotments made in connection with the IPO or stabilisation transactions.If the over-allotment option is exercised in full, the IPO will represent 66.37 pct of the total issued ordinary share capital of Euronext, and ICE will no longer hold any shares in Euronext.  Full Article

Intercontinental Exchange Inc agrees to sell Wombat Financial Software to SR Labs
Wednesday, 18 Jun 2014 09:00am EDT 

Intercontinental Exchange Inc:Signed definitive agreement with SR Labs for sale of Wombat Financial Software, a unit of NYSE Technologies.Transaction is expected to close in Q3 2014.Terms were not disclosed.  Full Article

IntercontinentalExchange Inc to offer up to 60.15 pct of Euronext in IPO-Reuters
Monday, 9 Jun 2014 08:00pm EDT 

IntercontinentalExchange Inc:To offer up to 60.15 pct of the capital of Euronext in IPO, or 42,108,230 shares, expected to be priced at between 19 and 25 euros per share-Reuters.Euronext aims to raise between 880 million euros and 1.158 billion euros in IPO.Group of institutional investors, including BNP Paribas and Societe Generale, ABN Amro, SFPI, Euroclear, and unit of Portugal's Banco BPI, will take a 33.36 percent stake in Euronext at 4 pct discount to IPO price.ABN AMRO Bank, J.P. Morgan and Societe Generale are acting as joint global coordinators for the IPO.  Full Article

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.  Full Article

Intercontinentalexchange Group declares dividend
Thursday, 8 May 2014 07:35am EDT 

Intercontinentalexchange Group Inc:Declares $0.65 per share dividend for the second quarter of 2014.Dividend is payable on June 30, to shareholders of record as of June 16.Ex-dividend date will be June 12.  Full Article

Intercontinentalexchange Group Inc declares quarterly dividend of $0.65 per share
Tuesday, 11 Feb 2014 07:35am EST 

Intercontinentalexchange Group Inc:Says a $0.65 per share dividend for the first quarter of 2014.Says dividend is payable on Mar. 31 to shareholders of record as of Mar. 17.Says anticipated ex-dividend date will be Mar. 13.  Full Article

UPDATE 1-Market Chatter-Corporate finance press digest

Dec 18 - The following corporate finance-related stories were reported by media:

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