Intercontinental Exchange acquired Climate Exchange plc for approximately GBP 395 million (750 pence per share, cash), a transaction announced in April 2010.
Recommended all-cash acquisition of the operator of the European Climate Exchange and Chicago Climate Exchange, adding environmental and emissions markets to ICE. Announced April 30, 2010 and completed July 2010. Value disclosed in GBP; no USD figure stated in the filing.
Recommended all-cash acquisition of the operator of the European Climate Exchange and Chicago Climate Exchange, adding environmental and emissions markets to ICE. Announced April 30, 2010 and completed July 2010. Value disclosed in GBP; no USD figure stated in the filing.
Climate Exchange Shareholders will receive 750 pence in cash for each Climate Exchange Share, valuing the entire existing issued and to be issued share capital of Climate Exchange at approximately GBP 395 million.
Advisory firms were not disclosed for this transaction.