Bloomberg News

Euronext Division Is Not for Sale, NYSE’s Duncan Niederauer Says

January 16, 2013

NYSE Euronext, the exchange operator that agreed to be bought by IntercontinentalExchange Inc. (ICE:US), said its European business Euronext is not for sale.

NYSE has been meeting with regulators and investors since announcing last month it would be acquired by Atlanta-based ICE, said Chief Executive Officer Duncan Niederauer in a Bloomberg Television interview. While it is still early in the review process, there are no plans to sell the Euronext business, he said.

ICE, the 12-year-old energy and commodity futures exchange, said Dec. 20 it would pay $33.12 for each share of New York- based NYSE to take control of the world’s biggest equity market. The deal is set to close in 2013.

To contact the reporter on this story: Whitney Kisling in New York at wkisling@bloomberg.net

To contact the editor responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net


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Companies Mentioned

  • ICE
    (Intercontinental Exchange Inc)
    • $221.08 USD
    • -0.64
    • -0.29%
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