Intercontinental Exchange acquired Standard & Poor's Securities Evaluations (SPSE) and Credit Market Analysis (CMA), a transaction announced in March 2016.
Acquired a fixed income evaluated-pricing business (SPSE) and an OTC independent data provider (CMA) from McGraw Hill Financial to broaden ICE's data and valuation services. Announced March 1, 2016; purchase price and terms were not disclosed.
Acquired a fixed income evaluated-pricing business (SPSE) and an OTC independent data provider (CMA) from McGraw Hill Financial to broaden ICE's data and valuation services. Announced March 1, 2016; purchase price and terms were not disclosed.
Under the terms of the agreement, ICE can elect to satisfy its payment of the purchase price due at the close of the transaction in either cash or shares of ICE's common stock. All other terms of the agreement were not disclosed.
Advisory firms were not disclosed for this transaction.