Intercontinental Exchange acquires Trayport

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.

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