Intercontinental Exchange Inc (ICE) Key Developments | Reuters.com
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Intercontinental Exchange Inc (ICE)

ICE on New York Consolidated

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

ICE to acquire majority stake in Merscorp Holdings
Friday, 17 Jun 2016 08:30am EDT 

Intercontinental Exchange Inc : In addition, ICE and MERS have entered into a software development agreement to modernize and enhance MERS system . Expected to shift its operation to an ICE data center in first half of 2018 . Price and terms of transaction are immaterial to ICE, and were not disclosed . Under agreements, ICE will rebuild MERS system infrastructure . ICE will acquire a majority equity position in Merscorp Holdings .ICE to acquire majority equity interest in MERS and build updated mortgage registry infrastructure.  Full Article

UK's CMA publishes initial submission from ICE on Trayport deal
Wednesday, 15 Jun 2016 11:32am EDT 

UK's CMA : Intercontinental Exchange makes initial submission to CMA . ICE’s rationale for Trayport acquisition, future plans for Trayport are entirely inconsistent with theory of harm . ICE submission mentions it is possible to identify a number of core market features . Submission mentions identifying core market features enough to rule out having ability, incentive to pursue a foreclosure strategy using Trayport .ICE's submission mentions "there is no horizontal competition between ICE and Trayport".  Full Article

UK's CMA to refer Intercontinental's Trayport deal for further investigation
Thursday, 26 May 2016 07:41am EDT 

UK'S CMA :Decided to refer Intercontinental's Trayport acquisition for a phase 2 investigation.  Full Article

InterContinental Exchange Inc says no current intention to make an offer for LSEG - Reuters
Wednesday, 4 May 2016 07:36am EDT 

InterContinental Exchange Inc:InterContinental Exchange statement regarding no intention to make an offer for London Stock Exchange Group Plc - Reuters.Co determined there was insufficient engagement to confirm potential market, shareholder benefits of a combination.ICE has confirmed that it has no current intention to make an offer for LSEG.  Full Article

Intercontinental Exchange Inc says to acquire Standard & Poor'S Securities Evaluations, Inc and credit market analysis from McGraw Hill Financial
Tuesday, 1 Mar 2016 04:15pm EST 

Intercontinental Exchange Inc:To acquire standard & poor's securities evaluations, inc. and credit market analysis from McGraw Hill Financial.Says all other terms of the agreement were not disclosed.All other terms of the agreement were not disclosed.ICE can elect to satisfy payment of purchase price due at the close of the transaction in either cash or shares of ice's common stock.  Full Article

Intercontinental Exchange increases quarterly dividend 13% to $0.85 per share
Thursday, 4 Feb 2016 08:13am EST 

Intercontinental Exchange Inc:Announced its first quarter dividend will be $0.85 per share, up 13% from $0.75 per share in the fourth quarter of 2015.Expects the annual dividend for 2016 to be $3.40 per share, subject to quarterly board authorization.First quarter dividend is payable on March 31, 2016, to shareholders of record as of March 16, 2016.  Full Article

Intercontinental Exchange Inc announces secondary offering by selling stockholders
Wednesday, 16 Dec 2015 05:25pm EST 

Intercontinental Exchange Inc:Announces secondary offering by selling stockholders.Says intend to offer for sale in an underwritten secondary offering 5.7 mln shares of ICE'S common stock.  Full Article

Intercontinental Exchange completes acquisition of Interactive Data Corporation
Monday, 14 Dec 2015 11:32am EST 

Intercontinental Exchange:completed its previously announced $5.2 billion acquisition of Interactive Data Corporation (Interactive Data), provider of financial market data, analytics and related trading solutions.Interactive Data is now a wholly-owned subsidiary of ICE, having been acquired from Silver Lake and Warburg Pincus for about $3.65 billion in cash and about 6.47 million shares of ICE common stock.Based on the 10-day trailing volume-weighted average as of December 10, 2015, the 6.47 million shares have an approximate value of $1.67 billion.ICE previously announced that it had issued $2.5 billion in senior notes relating to the cash portion of the transaction.  Full Article

Intercontinental Exchange Inc announces expected closing date for acquisition of Interactive Data Corporation
Tuesday, 8 Dec 2015 09:24am EST 

Intercontinental Exchange Inc:Announces expected closing date for acquisition of interactive data corporation.Got all required regulatory approvals and now expects to close the acquisition of interactive data corp on or around December 14, 2015.  Full Article

Intercontinental Exchange prices $2.5 billion in senior notes
Thursday, 19 Nov 2015 04:46pm EST 

Intercontinental Exchange Inc:Announced that it priced an underwritten public offering of $2.5 billion in new senior notes.Senior notes comprise $1.25 billion in aggregate principal amount of 2.75% Senior Notes due 2020 and $1.25 billion in aggregate principal amount of 3.70% Senior Notes due 2025.Intends to use the net proceeds from the offering, together with available cash and borrowings under ICE's U.S. dollar commercial paper program.  Full Article

BRIEF-Intercontinental Exchange Inc announces new interest rate contract

* Announces new interest rate contract that will facilitate term financing arrangements, such as repos