LONDON (Reuters) - Plans by IntercontinentalExchan
Post# of 28526
Posted On: 12/20/2012 11:40:08 PM
LONDON (Reuters) - Plans by IntercontinentalExchange to float Euronext if its bid for NYSE Euronext succeeds effectively puts a for sale sign up over the European stock markets business. The two exchanges plan to "explore" an initial public offering (IPO) of Euronext if ICE's $8 billion bid for NYSE Euronext goes ahead in the second half of 2013 as planned. ICE wants NYSE Euronext's European futures unit Liffe rather than Euronext, which is made up of the French, Dutch, Belgian and Portuguese national stock markets. ...
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