Intercontinental Exchange acquired Trayport for US$650 million (in ICE common stock); subsequently divested in 2017, a transaction announced in November 2015.
Acquired the European OTC energy trade-execution technology platform from BGC Partners/GFI Group. ICE was later required to divest Trayport (swapped back to BGC Partners in 2017 following a UK Competition and Markets Authority order), so it is EXCLUDED from the aggregate deal value.
Acquired the European OTC energy trade-execution technology platform from BGC Partners/GFI Group. ICE was later required to divest Trayport (swapped back to BGC Partners in 2017 following a UK Competition and Markets Authority order), so it is EXCLUDED from the aggregate deal value.
Intercontinental Exchange... has entered into a definitive agreement to acquire Trayport for $650 million in ICE common stock.
Advisory firms were not disclosed for this transaction.